Should price action for Gold remain inside the 1,230 to 1,234 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 1,232
• Take Profit Zone: 1,200 – 1,204
• Stop Loss Level: 1,248

Should price action for Gold breakdown below 1,230 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 1,200 – 1,204
• Stop Loss Level: 1,248

Should price action for Gold breakout above 1,234 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 1,235
• Take Profit Zone: 1,256 – 1,260
• Stop Loss Level: 1,223

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