CFDs on Gold (US$ / OZ)
Long
Updated

GOLD Heading for the MOON (BUY): Weekly, Daily, 1hr.

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Gold Thesis

- Weekly: On HTFs gold for the past 2weeks candles formed as shooting stars after rejection off $1550 signalling sellers could push gold lower for huge gold recovery.

- Daily: After forming lows at $1480 zone price could still recover up to $1525 zone which is th next possible target. (TP1: $1516).

- 1hr: Price broke above $1498 and is currently retesting zone as support. If level holds we could see a rally up to $1525.

Order cancelled
Will not be entering this trade
Trade active
Forget it. I’m going long Lool
Trade closed: stop reached

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