Gold moving up
Updated
After a long decline 
XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high)
Price is also slowly crossing 10 Daily EMA.
2 targets with stops around the last low (12/15) and S4 pivot support
Let's see.
XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high)Price is also slowly crossing 10 Daily EMA.
2 targets with stops around the last low (12/15) and S4 pivot support
Let's see.
Trade active
Note
Nice breakout & in profitHopefully it continuous moving up
Note
Always good re-enter opportunities for extra (small) positions when price retrace to 10 Daily EMA Note
Price breaking important resistance at 1164-1166 right now. If it can close above i will add extra small position with same targets.Trade closed: target reached
First target hitNote
Another buy opportunity at Thursday support? Trade closed: target reached
1200 hit!! Made realy nice profit
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