Intraday position on Gold

Realisto_FX Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Good morning traders,

Gold should retrace at least to 38.2 fibo level after last drop. I ´m entering a long position @ 1261 with SL below 1253 and target profit around 1273

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles
Trade closed: target reached:
Happy with current profits +0.7 %

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