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Gold is expected to go higher.. Small risk big reward. Watch.
Gold Spot / U.S. Dollar
Long
Gold is expected to go higher.. Small risk big reward. Watch.
By MorningStar
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Updated
Oct 11, 2019
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Oct 11, 2019
The upside move is yet to be fulfilled. We will see if this is going to be the start of the rally up.
Oct 11, 2019
Note
I will breakeven the trade +1/2pips when price reaches 1506.40.
Oct 11, 2019
Note
If price go down to 1497.10, I will close the trade. That being said, I will move the trade to breakeven now.
Reason: Bearish Engulfing on 1H.
Trend Analysis
MorningStar
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