#Gold: Technical Thriller! Update #FOREX
Updating my earlier analysis for gold with a potential long trade scenario. I am looking for a pullback now towards the broken 200-days SMA before going long. Buying near the current levels is risky and unacceptable in terms of isk-reward and money management.
Motives of the trade
-Gold has completed a head and shoulders bottom
-Gold had broken the major 200-days SMA
- A new series of higher highs and higher lows was established
Good luck
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My best regards,
Technician
Motives of the trade
-Gold has completed a head and shoulders bottom
-Gold had broken the major 200-days SMA
- A new series of higher highs and higher lows was established
Good luck
Trade forex with me, check my new website thefxchannel.com/ , vote and subscribe , thank you...
join me at twitter.com/thefxchannel
facebook.com/thefxchannel
Google Plus : plus.google.com/+Thefxchannel0/posts
My best regards,
Technician
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.