jvaledon

Waiting For Direction From Gold

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hopefully DXY pulls back soon so that we can enter on a GOLD long position but only at the break and re-test of the trend line. I will short once price breaks support and comes back to retest. If no retest is made on either side I will place stop orders after the break out candles. Still looking closely at DXY and seeing what movement it makes. For now just sitting and waiting until GOLD makes a move in either direction.
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