PORTFOLIO ALERT – GOLD SHORT POSITION OPENED

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Channel and pattern are clear. Double resistance on daily and both on horizontal resistance & trend line support at 1810$.

USD dollar index looks bullish as it just hit support and next resistance is at 94$, thus we short Gold now with a heavy position with 10$ spread until target line hits 1810$.
POSITION IS A SHORT.
CFD CONTRACT 1 LOT = 100 OUNCES.
ENTRY RATE 1,892$.
POSITION VOLUME 100 CONTRACTS.
LEVERAGE 1-TO-100.
POSITION VALUE 18,920,000$
MARGIN REQUIREMENTS 1% FROM POSITION VALUE = 18,920$
FREE MARGIN 2% TO STOP OUT = 37,840$
T.P first target at 1,882$ and second target at 1,810$.
SPREAD 10$.
EST PROFIT for 10,000 OUNCES MULTIPLE  10$  = 100,000$ PROFIT
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