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Sascha_Gogolin
Jul 6, 2016 6:35 AM

Short term long play Long

Gold/U.S. DollarFXCM

Description

Potentially a good short term play coming up in the precious metal. Long at the bottom of the corrective structure with first target at the structures top.

Trade closed: stop reached

Since my suggested entry was pretty shallow, the SL should have been a bit bigger. Alternatively a deeper entry into the support zone with a smaller target could have been an option.
Comments
Sascha_Gogolin
Since my suggested entry was pretty shallow, the SL should have been a bit bigger. Alternatively a deeper entry into the support zone with a smaller target could have been an option.
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