38.2 fib retracement on the hourly chart.

The blue line will be my pending sell, mainly because that is the 38.2 level of fibonacci. It may wick the 50% level shown on the chart currently, but gold is going to come down this week. I may ride it all week on a small lot! DONE RISK MORE THAN 10%!!!

My first take profit will be 1332.29

next will be 1328.00


my last will be 1310.00 for very long term!


Thank you guys for looking.

Commento:

Looks as if it may reverse now. Which is fine too. Im going to enter a .10 lot.

Commento:

Its looking good so far guys!