Thursday, June 13, 2013

GOLD UPDATE: 13/06/13. 15:49HRS

GOLD:

Price has made a nice move down as expected.

The position was in profit by 70 pips.

I moved the stop loss to break even to eliminate the risk on the position.

However, there has been a spike in the gold market and I have been stopped at break even.

Chart below:

 
Sorry guys, but 70 pips is far enough from the entry not to have risk on the book.
 
Just the way it goes.....
 
I will update again when the next trade has been identified.
 
 

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