GOLD short on a diagonal
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We have a diagonal created since the uptrend of the gold after it reached it's bottom for last year.
I believe a small breakout has already occurred which might retrace a bit to give us a chance to short it before it falls.
A good entry on this would be around 1245.00. This is a long term trade and I personally am aiming for 2000+ pips.
We have a diagonal created since the uptrend of the gold after it reached it's bottom for last year.
I believe a small breakout has already occurred which might retrace a bit to give us a chance to short it before it falls.
A good entry on this would be around 1245.00. This is a long term trade and I personally am aiming for 2000+ pips.
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