GOLD recovery to 61.8%$

19 déc. 2018

With the current bearish climate in stocks, and Trump pressing for a weaker dollar/lower rates, and also given previous price/action, there is an extremely strong chance Gold will make the 50% fib ($1262) and probably the 61.8% ($1286). You can also see the Jun/Jul 2018 drop through this range was fairly smooth, so I don't expect much resistance. However, it's famously choppy, so my entry is the 38.2% point, 1238.50 (today's Fed might do that). The plan is to take half off at 50% and set the stop on the remainder to breakeven.

20 déc. 2018

Transaction en cours

Well we reached the 50% point, bu unfortunately the trade didn't pull back and fill. Will not cancel it yet.

2 janv. 2019

Trade fermée: cible de profit atteinte

Target reached (if it had filled in the first place)