Resources Learning Centre

Wednesday, June 26, 2013

Gold Bear Flag

Based on my own analysis and I exited my long Gold position because a bear flag was forming.  I incurred a nominal loss on the trade.

I repositioned myself and opened a short at $1276.65, and took profit at $1270.35.  It has fallen even further since, but no entry point as presented itself to get back in. 

No comments:

Post a Comment