Yuriy_Bishko

GOLD, Trading Plan for next week

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
A trend line can be clearly seen on the gold chart. The price has already tried to break through this trend line but failed, after which a false breakout occurred. Now in case, the trend line breaks again, there could be a good buying opportunity. It is also important to note that locally the price creates higher highs and lows. It's a good signal.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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