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Gold long
Gold Spot / U.S. Dollar
Long
Gold long
By GeorgeJimas
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Updated
Feb 13, 2017
1
7
Feb 12, 2017
Re-longed gold on Friday, 1W and 1D both still look very healthy for bulls.
Cross on 1W MACD, with the 5EMA looking to cross through the 50/100EMA.
We saw a big bounce off 1220 on Friday which served as strong support and reassures me of my long position.
Feb 13, 2017
Note
Set a SL slightly above cost, if it hits it hits.
Feb 13, 2017
Note
Moved SL below cost, looks like bears failed 1220 again, could see a bounce to a new high.
Feb 13, 2017
Note
Removed my SL, doesn't look like we'll see a sub 1220 close today.
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