GOLD 618 sell

GOLD went up rapidly yesterday
1340 is the last high area in FEB
And now GOLD touches the 1340 again,
but it has a strong resistance.
We can see that the 618 level is in the area too.

So we can consider to short the GOLD.
Aim to 1317

Comment:

Gold falls well

Now is 1326, we can take some partial profits and watch for the 1317

Trade closed: target reached:

Perfectly touch the target.
We sell at 1335 and take the profit at 1317.
We get 180 pips!