Short gold based on trend analysis. will risk 1 percent of my account divided into 2 positions 0.5 percent will be closed at target 1 RR and 2nd position target is 6RR.
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Position 1 closed. 1 RR. Position 2 Running...
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Position 2 reached 4 RR Stop moved to 1 RR and waiting for target to be reached.
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We got lucky and avoided our stop loss on position 2 @ 1RR, now we are back in the game and continuing the bearish impulse. I have revised our target to 1793.160. This will give us 4.86 RR on position 2. Fingers Crossed :).
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