PORTFOLIO ALERT – ADDING MORE EQUITY TO GOLD SHORT POSITION

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Gold gave us another shot to short at trend line resistance.

The spread is clear and a pull back to 1840$ is expected to hit fast
POSITION XAUUSD SHORT.
CFD CONTRACT 1 LOT =100 OUNCES.
LVG 1-TO-100.
POSITION VOLUME 100 LOTS = 10,000 OUNCES
POSITION VALUE = 10000 OUNCES MULTIPLE 1906$ = 19,060,000 $
MARGIN REQUIREMENTS 1% FROM POSITION VALUE = 190,600$
FREE MARGIN TO HOLD 1% STOP OUT AT 1929$ = 190,600$ AT RISK.
TAKE PROFIT AT 1840$.
SPREAD 66$.
EST PROFIT = 66$ MULTIPLE 10,000 OUNCES = 660,000$.
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