After 3 days of sideways price action Gold has finally moved out of the consolidation and into a nice profitable position.
To remind you I am long from 1335 and 1339 Averaged in at 1337.
My stop loss was at 1331.
Price has now moved up to 1346 into profit by 1.5%.
I have now moved the stop loss on both position to 1337 eliminating the risk on the position.
I am happy to hold this position with no risk through the NFP numbers tomorrow.
Chart below:
I will update again after the NFP number has been released.
Have a good evening
Regards
MDT
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