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Why I'm selling gold: O'Hare
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading gold.
This trade idea, with a one-week timeframe, sees O'Hare aiming to set shorts at current levels and on a rally back to $1,250. The stop is a break back above $1,270. His targets are $1,220, $1,200 and $1,188.
O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.
02:34 minutes
Tags: saxotrader, saxotradergo, selling gold, steve ohare first 4 trading, trade idea, tradingfloor.com
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