Monday, 9 May 2016

Gold: Selling Gold Now For Few Pips Take Profit

While still holding a buy position on gold with long term view S, I'm selling this metal with take profit around weekly pivot S1. The 4hr te fre support turned resistance seems to be holding, which will make us go lower than expected.

 As a result, we can still benefit from this pullback, and if reasons proof that the breakout was a false break, I will close some percentages of my position and  hold my sell position.


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