Technician

#Gold: Reactive Short

Kort
FX:XAUUSD   Guld / USA-dollar
45
Update: Full target hit
Update: First Target reached. Closed first half and moved stop loss to entry


Looking for a dip as the price failed to maintain trading above 1225.00 main horizontal resistance, while RSI showing a bearish swing failure divergence.

Good luck
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My best regards
Technician


Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game
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