Gold Spot / U.S. Dollar
Short
Updated

GOLD - SELL THE BEARISH PENNANT

160
This is a typical Bearish Pennant - a wave iv consolidation (I suppose)
This assures we're still holding our sell positions tight, after making TP1 of 1000pips
Choose you SL and TP wisely if you're just entering
MOST IMPORTANTLY, WAIT FOR CONFIRMATION - A BREAKOUT AND RETEST OF THE PENNANT!

DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE.
FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE
Note
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