CFD sur Or (US$/OZ)
Long

[GOLD] Long position at around 1225-1226

115
Gold price has been largely fluctuating between 1224 and 1243, and both ends shows strong support and resistance. Meanwhile, the price has formed same pattern as previous period A and B, which means gold price is getting ready for another big jump. Recent risky events also indicates this expectation.

Strategies:
1. Take long position at around 1225-1226 to 1239, stop loss at 1220.
2. Take short position at around 1238-1240 and take profit at around 1225. Stop loss at 1244

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