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CameronJohn
Nov 18, 2016 1:51 AM

Gold Short

Gold/U.S. DollarFXCM

Description

- Clearly see that the bears are in control of the market for gold.
- A break and close with a strong candle would put me into a trade to sell gold until the 1150 area.
- The USD is going up really fast at the moment, so that helps with gold to decline more.
- Patience is key, and will wait for the setup to happen IF it does I will short it, IF it don't then I just wont simply enter until I see something that I like.
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