Let's take a look at quaterly gold's chart. Gold seems to have a breakout to the upside and now back-tests its previous structure.
That resistance -turned- support around 1880-1895 should provide great buying opportunities if gold maitains its bullish structure and heads higher after back-testing.
We recommend traders to long gold at 1885-1895 with strict stop loss under 1875 and target 1930-1950-1965 (for short term trades)
We recommend traders to long gold at 1875-1895 with stop loss under 1825 and target 2070-2150-2230 (for medium term trades)
That resistance -turned- support around 1880-1895 should provide great buying opportunities if gold maitains its bullish structure and heads higher after back-testing.
We recommend traders to long gold at 1885-1895 with strict stop loss under 1875 and target 1930-1950-1965 (for short term trades)
We recommend traders to long gold at 1875-1895 with stop loss under 1825 and target 2070-2150-2230 (for medium term trades)
Transaction en cours:
Got half contract @1895 for short term trades.
Transaction en cours:
Got another half contract @1885 for short term trades.
Total 1 contract average price @1890
Total 1 contract average price @1890
Transaction en cours:
Got half contract @1875 for medium term trades
Transaction en cours:
Got half contract @1880 for medium term trades.
Total 1 contract average price @1877.5
Total 1 contract average price @1877.5
Commentaire:
SL @break-even for half contract of short term trades.
Commentaire:
our 1 contract for medium term trades @1877.5 is still good to go.
Moved SL of the other half contract to break even, and set TP @1950.