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Carl_G
Feb 10, 2016 10:35 AM

GOLD: TIME TO SECURE PROFITS Short

Gold/U.S. DollarFXCM

Description

Hello Traders,

After a big rally in price #GOLD have reached the price of 1200/ounce. As an Evening Star have formed in overbought conditions away from the T-Line it is time to secure profits and wait for price to come back down and test the T-Line. The T-Line (or Trigger Line) is the 8 EMA which is the BLACK line on the chart.

If you are interested in this approach to trading you can visit this link to learn more:
youtu.be/1fB3EF7XeXU

Good Luck and Happy Trading :)
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