ForexPrincess80

GOLD next trade, aiming to 1854

Short
ForexPrincess80 Updated   
CAPITALCOM:GOLD   Gold
As I see my chart now, GOLD is locked in a parallel channel. The horizontal resistance + upper line of the channel can act as very strong resistance(double). I´m expecting a rejection around 1902-1905. Don´t enter based on entry line. Wait for a rejection. I will try to update this trade when entering to the trade. If there is a close above the SL area, cutloss your trade. Size your trade logically, target is pretty low, you don´t have to trade big. Check my previous idea about GOLD(or all others) to know WHAT are you trading. Wish you good luck.
Comment:
Sell now at current market price 1898,54
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