Gold Spot / U.S. DollarUpdated GOLD - LONG
GOLD TOUCHED WEEKLY FIB @ EXTENSION, PRICE DUE TO RETRACE THEN HEAD TO SECOND EXTENSION !!
GOLD HAS BEEN RANGING FOR THE PAST 3 WEEKS! FORMING A WEDGE ON THE DAILY POTENTIALLY PRICE COULD BREAK OUT IN BOTH DIRECTION HOWEVER I DO FAVOUR LONGS!
SET SELL STOP @ 1363 & BUY STOP 1449
GOLD HAS BEEN RANGING FOR THE PAST 3 WEEKS! FORMING A WEDGE ON THE DAILY POTENTIALLY PRICE COULD BREAK OUT IN BOTH DIRECTION HOWEVER I DO FAVOUR LONGS!
SET SELL STOP @ 1363 & BUY STOP 1449
Note
Take 50% profits & let the rest run set SL to Break Even
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.