Gold failed to close the third quarter above 1200 Support has now become resistance Short at the top of the descending Andrews fork 1192 Stop above previous spike high 1197 Take profit at previous spike low 1160
Trade active
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Excellent start to trade . Move stop to 1191.5 to lock in 0.5 USD profit
Stopped out for 0.5USD profit . Reentered at 1194 short.
Note the slope has been adjusted and is working well. See also the gap up on the one minute chart.
Stopped out for 0.5USD profit . Reentered at 1194 short.
Note the slope has been adjusted and is working well. See also the gap up on the one minute chart.