Wave count for gold

٨ ديسمبر ٢٠١٢

My wave count is stil in progress..1705 zone is acting as a resistance,so I opened new shorts at 1705,waiting for the TP=1660 level... SL=1712.....R/R= 450/70=6.42... very good reward/risk ratio...lets see...?



Short Entry...1705
SL................1712
TP................1660
R/R................6.42
BE.................1694
PZ.................1660-1671
D....................4