Salmanmemon786
Short

Gold short on Fibo Study and Strong Resistance

OANDA:XAUUSD   Gold / U.S. Dollar
358 2 14
Gold             Trading around 1297 its completed its 50% move of 1352 high and 1242 low.
As fibo Study and As Strong Resistance on monthly 1305.It can drop from current price 1297 or from 1305 level and we can see 1284 even 1268 too also depend on ADP FOMC and NFP

Advice Sell Gold             from current level 1297 to 1305 sl above 1313 TP1 1284 tp2 1268
Comment: Gold 100 Pips green move sl at cost and stay risk free
Trade closed: target reached
Please explain your last comment. "Gold 100 Pips green move sl at cost and stay risk free"
Reply
As we have to manage Risk and my main focus to guide about Risk management so i asked and also guide once trade get 50-70 pips green better move sl at cost and small trade book pips as if you will manage risk then you can get success
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