peterrnickson

peterrnickson

been smashing gold over the past few weeks so lets hope this continues, I can see gold rising along this trend line on the 30min timeframe, I have take profits set at 1910 and 1930

peterrnickson

with last week finishing really strong for me I am look for an initial short this week followed by hopefully a long that will carry me up with gold to the 2K mark.

peterrnickson

caught 2 really good trades today, catching the rise up to 1908 and then the pullback to 1904, weekly profit hit:)

peterrnickson

with gold still in a bullish flag on the daily and respecting this upwards channel very well on the 4hr time frame I am looking for long positions to the 1960 area this week, good luck everyone!

peterrnickson

with last week going just as I planned I am looking for this week to be profitable too, with a key level of resistance just being broken I am looking for price to come back down and retest the area and then rise again, the real question is will the downwards channel get broken or not?

peterrnickson

With GOLD stirring around a key level of 1900 with little momentum at the end of last week I am looking for a nice bounce of support on the 30min time frame and looking for price to rise up to the 1960 area by the end of the week.