RRR 4,6 Target on 1,07 as 0,618 AD Currently divergence on RSI Bearish signals on MACD Wait for better entry at 1,125 or agressivly at market price Possilble rush down move after FOMC GOLD is heading down quite a wile
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Entering short as planned.additionally falling star is forming perfect for accelereted down move
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important now we play best possible short entry point I suggest use 2618 strategy- double top and 0,618 retracement this mean 1 st limit sell order at 1,126 2nd -better limit sell order 1,127 stop in both cases 1,1133 target unchanged 1,07
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This approach should generate RRR 10 !!!
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Type mistake Stops at 1.133
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LEADING LINES ON DAILY CHARTS ON TOPS AND BUTTOMS YOU MAY GET THE DECENDING CHANEL WHICH SUGGEST OUR TARGET MAY BY EXTENDED UP TO 1,035 AREA . YOU MAY CLOSE A HALF AT 1,07 AND HALF ON 1,035