salsapete

Gold heading south

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Continuing a preference for gold to be sold.

Entry @ 1172 ( .618 retracement)

Stop above 1198 ( minor daily swing high)

Target between 1117 and 1122 ( .786 retracement and 161.8 fib extension) .

Risk Reward = 1.8 +.
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