Gold Short Term Trade

Price reverses from Tenkan. It's short opportunity and we can sell below 1251.25 with stop above 1258.00. Profit targets are at the support levels 1240.00 and 1220.00. Also we have to note that the main trend on the daily chart is bullish. We open short term trades and it's better to use trailing stop for exit.

Trade stängt: målet nått