CFDs on Gold (US$ / OZ)

Gold should hit 2509 - 2515 range before falling to 2452 levels

By narindergoswami

Updated

Technically gold should track back to 2509-2515 range and then fall back to 2452 range.

Trade active

Long Entry at 2475.25

Trade active

Closing Half Position at 8489.25

Trade closed: target reached

Closed full position at 2498

Note

Will wait for 2509-2515 range to engage sell order

Trade active

Engaged Sell order at 2514.9 with SL at 2520

Trade closed manually

Looks like bulls are strong at the moment. Closing my position, will wait for 2527 levels to sell.

Trade active

Sell order triggered at 2527

Trade closed: target reached

I had closed my position on Friday at 2490!

Note

Will wait for the opportunity to sell again unless the price closes above 2527 on 4-hr TF

Trade active

Selling orders active from 2500 - 2498 range
TP1: 2482
TP2: 2472
TP3: 2458

Note

My SL is at 2510

Trade closed: stop reached

SL hit at 2510
Waiting for 2527 to decide next trade

narindergoswami

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