Crypto112288

Short Gold on Rallies

Short
Crypto112288 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is still in a downtrend. It might drop to 1120 - 1140 before a long term rally. So it's better to sell high than buy low until then.
Comment:
Close trade with 20 pips profit
Comment:
Reopen a short position at 1215-1216. Be patient for a pullback.
Comment:
Set Sell Limit at 1215
Comment:
SL 1221
Comment:
Good time to open short gold.
SL 1221
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