David_Tariy

Risky Trade #GOLD 1H. Chart

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
This is the first trade against the trend thats way is a risky one. In one hour we are looking for a close below $1320.00 for confirmation of the pull back and further downside. We could have another trade in 4H chart when the price close below $1320.00 and for Take profit the $1310.00 zone.
In case that the price couldnt close below the 1320.00 zone que move our Stop Loss in breakeven or 5 pips in profit for protect us....

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