Should price action for Gold remain inside the 1,246 to 1,250 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 1,248
• Take Profit Zone: 1,202 – 1,206
• Stop Loss Level: 1,270

Should price action for Gold breakdown below 1,246 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: 1,202 – 1,206
• Stop Loss Level: 1,270

Should price action for Gold breakout above 1,250 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 1,251
• Take Profit Zone: 1,286 – 1,290
• Stop Loss Level: 1,235

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