FX:XAUUSD   Gold Spot / U.S. Dollar
59 1 5
Ex support now strong resistance - horizontal chanell. Also potential donward chanell formed.
Possible drawdown to 1220.
Trade active: I decided to take 50% of the profit. I invested this call in Dust and JDST and have provite more than 12% and 14%.
I beleive the gold will continue to fall but want to keep profit.
Comment: I will naturally do it with trail.
So far so good. I will wait for the bounce now and come when te bounce back is confirmed. I will do it once again with DUST and JDST. Be careful the nerves are tiny now and it is possible that the bounce will not be confirmed and we will have waterfall - in that case I will miss the opportunity but when I use 3x leverage I like to stay on the safe side.
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