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DLavrov
23. Mrz. 2017 10:45

Gold Price Reversal Short

Gold/U.S. DollarFXCM

Beschreibung

Price reached possible reversal zone consisting of the downtrend line and the resistance level. RSI confirms that the market is overbought. We can try to catch down movement selling below 1243.50 level. Stop orders must be placed above 1252.00 and take-profit orders at 1200.00 level. If price rises above the downtrend line, we'll have to wait new signals for trading.
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