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GOLD - only for risky business
Purely speculative. Not kind of trades we love because today, GOLD lost more than 60% of the 50$ it took on Friday.
But we are in a fib retracement (61.8%). We're over a resistance zone.
We engage just a little position which will not make us losing today's and friday's profits.
So we can initiate a long position with a very tiny leverage with a stop Loss under 1130. Only for people who like risks and be able to loose a trade.
But please, really apply a tiny leverage. I repeat that we lost more than 60% of Friday's movement. We are now on the resistance but....
But we are in a fib retracement (61.8%). We're over a resistance zone.
We engage just a little position which will not make us losing today's and friday's profits.
So we can initiate a long position with a very tiny leverage with a stop Loss under 1130. Only for people who like risks and be able to loose a trade.
But please, really apply a tiny leverage. I repeat that we lost more than 60% of Friday's movement. We are now on the resistance but....
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