Friday 9 December 2011

Gold trade (S&R) continued

OK, as per my previous email the break came up and through the d/s RL. We took a profit on our short and have reversed trade direction and are long at 1712.73 (stop 1711) and profit objective is the CL at 1721.50 to 1722.75 area. If we fail this CL ( and we might) we will take a protective profit stop at 1716

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