GOLD - short term selling

1 Mar 2016

I give one more chance for gold to come down to the lower leg of the triangle.
The upper leg was tested this night.

MACD had crossed over. Stocks are up. Dollar is still heading down today.

Because I don't want to lose on this one - and I'M not sure we can come down to the triangle lower leg - I'll take profit on the half of the position at the 200 EMA (1225.61) .

STOP : 1249

2 Mar 2016

İşlem elle kapatılmış

Closing half of the position at the 200 EMA.
The other half I will be waiting to tag the 300EMA and the lower trend line.