I´m playing a potential Wolve Patern in Gold . I´m entering long at market with SL below 1050 . In case of breaking down, we could see a test to 1000 round figure where I will enter long again.
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6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Long still a good opportunity while above 1060 , My targets intact around1170 area