Good Evening Forex Friends
Recently got a technical setup in 15 mint time frame charts.Its an early signal to sell from with tight stoploss.I am sharing 15 mint time frame chart to give logical view of trade setup
We will sell gold from current market price.Movement below 1221 will break the symmetric triangle in 4 hour chart.i m sharing trade recommendation below.
Trade Reccommendation :
Sell From current market price 1231-33
Take Profit 1221 ( Close half position )
Take Profit 2 : 1201-03 ( Close Full Position )
Never risk more then 2% of your total account capital in single trade.Always trade with proper risk management plan.
Feel free to comment below if you have any concern regarding charts and analysis.Your feedback is always welcome.
Mati Ur Rehman
Gold Analyst @ forex.today