motleifaul
Short

Multiresistance zone

FX:XAUUSD   Gold Spot / U.S. Dollar
54 2 2
We reached a multiresistance zoe here which suggests a downward retracement.
And now.... ooompah, oompah, oompah... I am closing all golden positions and take the wonderful profit. It is, as I said, a multiresistance zone which has not even violated since yesterday. That's why I assume that we may see a retracement upwards before the way down reopens.
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The trade was successfull so far. Thus I am taking a first fine profit right now, hoping for more with the remaining position.
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