Information: Gold has confirmed globally that it is ready to keep falling. Trend is bearish . We have observed a downward channel in which gold is expected below $1251.00 The entry point for sale coincides with the 200 moving average.
About stop loss: Stop loss is located behind the locked maximum (behind the channel) ------ Sell Limit (x5 Leverage) = $1291.00 Take Profit (x5 Leverage) = $1251.00 Stop Loss (x5 Leverage) = $1311.00 ------ Take Profit = +3.10% Stop Loss = -1.55% --------------------- Profit:Risk = 2 : 1 Profit:Risk = +15.5% : -7.75%
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