CFDs on Gold (US$ / OZ)
Short
Updated

Short it down from 2317-20 and target 2270

308
I´m expecting a reaction at 2317-20 level (bottom of the daily supply zone). If you have decided to trade this idea, do not enter blindly on the entry line. As you see, the SL is tight, it would trigger just after your entry. Wait for price to react the supply zone and monitor this reaction on lower time frame like 15-30M. I will try to update this trade, not guaranted. Today we will have some fundamental data, but more important is PCE tomorrow. Expecting higher numbers. (negative for GOLD). Wish you good luck.
Note
Sell at the current market price 2319.

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