Should price action for Gold remain inside the 1,208 to 1,213 zone the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Short Position
• Entry Level: Short Position @ 1,208
• Take Profit Zone: 1,170 – 1,175
• Stop Loss Level: 1,220

Should price action for Gold breakdown below 1,208 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 1,170 – 1,175
• Stop Loss Level: 1,220

Should price action for Gold breakout above 1,213 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Long Position
• Entry Level: Long Position @ 1,215
• Take Profit Zone: 1,247 – 1,252
• Stop Loss Level: 1,208

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