ruanimmelman

GOLD looking good for another short

Short
ruanimmelman Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price is looking like it has some downside potential. The bull spike from yesterday was due to the US Fed decreasing the interest rates. I think Gold will continue it's bearish run since all the noise from yesterday should have settled. Always remember to have a stop loss in place and try not to risk more than 2% per trade. Good luck!
Comment:
Still holding. We might only see a big push to the down side after tomorrow's NFP and Unemployment news. Either way, we have have planned the trade, let the trade follow the plan.
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