Seems if Gold is not break 1274-1278 area, it will slide down to 1220, and this time it may break below it too.
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Still has not break out 1274-1278 area, so the idea of sliding down is active.
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1278 level breached out. So I hedged my SHORT trade with a LONG trade! To see if this is a bull trap or it is a bull market! Take care
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Long Trade Closed at 1277.5, because I think it was excited market. I put pending Buy Stop at 1280. The Short trade is active!
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Maybe Gold is printing Broadening Top on H4 chart and will slide down soon!
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If you have BUY trades from 1280 of below, My advise is to close them all at this topping on 1285. If your money management allows add Short trades.
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It seems better to have BUY again, please!
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My Sell from 1269 is still active.
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with more than $ 50