IvanLabrie

Gold: The uptrend's cooked?

Short
IvanLabrie Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
I'm going short gold after closing longs, I'll add if we break under today's low, on close, with a tighter stop as a swing trade.

Good luck!

Ivan 'gold bug party pooper' Labrie.

ps: I'd reccomend against going long gold miners, gold, silver, and others here, risk is very high. Wait for commercial traders to go flat again (like at the beginning of the year)
Trade closed manually:
Let's stand aside for now and reasess. We might be able to short higher, but long trades don't look safe either. Last: 1271
Comment:

We got long today, short term position, looking to unwind and go short higher.

Target is 1294.19

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