16-Feb-2018 Gold correction... (Daily)

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold rose nicely yet approaching the resistance zone .

Short price signals formed on 1hr, 4hr timeframe and it looks like a price signal is forming on the daily.... so I've entered on the sell-side.

ATR: 14
2N: 29
ENTRY: 1352
STOP: 1381
R1: 1338
R2: 1324
R3: 1309

Hmmm... I am developing a contrarian habit because the line of least resistance on gold is up!
Trade active


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