GOLD BUY TRADE IDEA
I'm looking to trade the breakout of Gold. Price can breakout either way but I'm currently favouring a BUY. Overall price is in a clear uptrend and my trends are respected on the 15, 30, 1H and 4H timeframes and my 200 EMA is also respected on these timeframes. If price breaks my Monthly High at 1881 I feel we will see some solid Bullish momentum. I'm looking to buy on the break ans retest of this zone risking 50 pips.
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