Gold buy a break setup.
Updated
Gold - Intraday - We look to Buy a break of 1851.5 (stop at 1840.5)
20 4-hour EMA is at 1831. 50 4-hour EMA is at 1826.
Bespoke resistance is located at 1845.
A break of yesterdays high would confirm bullish momentum.
Short term RSI is moving higher.
The bias is to break to the upside.
Our profit targets will be 1884.4 and 1898.1
Resistance: 1845.0 / 1850.0 / 1880.0
Support: 1840.0 / 1825.0 / 1815.0
20 4-hour EMA is at 1831. 50 4-hour EMA is at 1826.
Bespoke resistance is located at 1845.
A break of yesterdays high would confirm bullish momentum.
Short term RSI is moving higher.
The bias is to break to the upside.
Our profit targets will be 1884.4 and 1898.1
Resistance: 1845.0 / 1850.0 / 1880.0
Support: 1840.0 / 1825.0 / 1815.0
Trade active
Trade closed: target reached
Trade closed intraday at 1863
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