Long

Probably Good to Long Gold

Updated

Since my last post on Gold, Gold keeps its downtrend after it broke its uptrend line. Now it looks like that gold reached its support area, and i think it's probably a good opportunity to long gold.

Note

Strong support reached

Note

Already moved up 2400 ticks from the strong support, take some profit and see if gold can break the current resistance and go higher.

Trade closed: stop reached

Gold broke its strong support and keep heading to lower low. Closed the rest long position after it broke the support.

Nee_sh

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.