We could see a possible drop for this pair. Our 1st T/P is going to be sitting around +250 PIPS of profit but we are looking to extend it in the further weeks. Our S/L as well is pretty tight, this is considered a CTT. So we are going to be more cautious.
This is NOT a signal.
We've placed a -BUY- on this trade; as price has closed -ABOVE- our daily Trend-line. We have a pretty big S/L so remember to use proper risk management. We are looking to possibly hold this trade over the weekend. This is our 2nd entry for Gold; as our 1st was placed yesterday with a major trend-line rejection.
