H4 double bottom @ 61.8 Fibs
Trade active
Comment:
The Uptrend seems to take form with the great green H1 candle closed above the trend line, which is another confirmation for a long trade.
Comment:
Stop loss @ breakeven. Trade is + 72 pips.
Comment:
If you did not take profit and closed your position yet, Please don't forget to place your stop loss @ breakeven. The market can easily drop hard to the area of 1265.00.
Comment:
Gold is back near our original entry forming another and bigger double bottom. if the market opens with no gap, I'd add another buy position around 1278.40.