Wednesday, May 11, 2011

Trade idea: Gold ( New Update )

Trade idea: Gold ( New Update )
Trade idea:  Bearish (direct drop). An immediate drop is expected on the market.
Details:  The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 1518, as we anticipate a direct drop to 1486. Sell close to 1514 to play a drop to 1486. The invalidation level of this trade idea is at 1518. 

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