Gold buy a bounce out of support area

Gold is approaching a strong area of support 1707-1712, where there are DO and MO , i would buy a bounce out of it to 1718-1723 area ; gold is oversold so long is favoured with TP back up to 1718-1723, SL just under 1707

Trade active

open a 10% long at 1714,5

Note

increased to 70% position long

Note

Buyer are not so strong i probably will closed the trade soon if buyer does not push the price over 1714

Note

SL moved to 1709

Trade closed manually

Thrade closed with decent profit at 1714 as I preferred to wait NY open and economic data before open a new trade

giorgiovie

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giorgiovie