#5 - GOLD everyday - 20 Apr 2017

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Everyday I will give you a trade direction, which you can go for limit trade in this direction in the area which is shown as limit trade area!
If the two top's green levels will be broken, we forget about the limits and go for the instant buy deal, and if we see that the two bottom's red levels are broken, we will go just for sell.

Today's suggesting direction is sell, so we have sell limit in the area which is shown in the chart, if 1297.44 breaks, we will go for instant buy. The level for sell is 1259.64.
Comment: What a nice reaction to the sell limit area. This trade is closed by TP!
Trade closed: target reached