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Swing trade opportunities - GOLD at trendline support
Gold Spot / U.S. Dollar
Swing trade opportunities - GOLD at trendline support
By jannatul96
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May 17, 2018
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May 17, 2018
Currently at no trade zone as price is at strong trend line support (BLUE LINE) and strong reversal zone (RED).
Entries at just above or below the reversal zone.
SL's at the other side of the reversal zone
Long Opportunities - R:R = 1.61
Short Opportunities - R:R = 1.54 & 2.5
RSI and BB on the Daily indicate Reversal to the upside.
Have patience and wait for confirmation.
Technical Indicators
Trend Analysis
jannatul96
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