Quote:
Originally Posted by trader123
Resistance is formed at $908. USD has strengthened in advanced of Fed meeting resulting in weak gold price.
My indicator has signaled to me that gold is near to overbought region.
Shorted 1 lot of gold at $902.13
Place a GTC stop at $909.00
Target level at $898.00
See gold chart: Metal Trading: Shorted 1 lot of gold at $903.88 |
Gold price fell below $898, so my trade has taken profit at $898. Realised profit is $413.
See here for full report:
Metal Trading: Shorted 1 lot of gold at $903.88 (Closed)