magnum375

Buy Buy on support or resistance break

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
After breaking a long range between 1440 and 1560 on the upside , the Gold is stuck again between 1560 and 1600 but have a good Bullish trend behind it and a strong support 1560 who was a resistance for a long time so it might hold
My strategy is to buy Gold at 1560-65 if we come back to it with a stop loss at 1535 and a first take profit at 1600 then 1650
or for wait for a break of 1600 to buy it heavily

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