How to Profit from a Breakout
In trading a breakout, there is always a hazard of a false breakout which can result in a loss. For this strategy to be successful, traders should be able to find a combination of elements that reduce the probability More...
Gold’s unsuccessful attempt on the $1240 resistance precedes a slide towards $1185
The crucial $1240 resistance capped gold’s attempts on the upside; although a second test is possible, we consider the current market levels good for the initiation of fresh short positions. In the last couple More...
