We hit critical resistance for FX_IDC:XAUUSD by Loii

Trend Analysis

trendanalysis

We hit critical resistance. expect retracement to at least $1320

msg me for more info on this trade.

Comment:

set stop loss to 1341. risk $4 to make $17

Comment:

this stop loss is best deployed manually to avoid sl hunt. ie. only close manually if we go above 1341.

Comment:

for now we will hold this short, still believe its near the top

Comment:

short is looking good we made a lot of bullish rejections

Comment:

trade went against us $6, we are aiming for at least $17. still very good risk ratio.

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