I am bearish on Gold within the Medium Term

We are bearish on Gold within the medium term and hence will attempt a bearish trade at 1277.95 with a conservative stop loss 1296. We will also trail our stop loss according to our default stop loss setting with a profit target at 1222.

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Comment:

Our trailing stop at 1296.558 was triggered and our short position closed at loss after GOLD rally above 1300.