38.2 fib retracement on the hourly chart.

22 Ağu 2016

The blue line will be my pending sell, mainly because that is the 38.2 level of fibonacci. It may wick the 50% level shown on the chart currently, but gold is going to come down this week. I may ride it all week on a small lot! DONE RISK MORE THAN 10%!!!

My first take profit will be 1332.29

next will be 1328.00


my last will be 1310.00 for very long term!


Thank you guys for looking.

22 Ağu 2016

Not

Looks as if it may reverse now. Which is fine too. Im going to enter a .10 lot.

23 Ağu 2016

Not

Its looking good so far guys!