StirlingBishop

GOLD Trading Opportunity

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
For the week commencing 18th February I will be looking at GOLD for a trading opportunity.

There is currently an uptrend supported by TRENDLINE A - whether this line will supported again this week is yet to be seen.

There is strong support at 1,300. The next significant resistance level will likely appear between 1,360-1,365; potentially forming a second shoulder.

My trading strategy will be to wait and see if the price continues - if so, will be placing tp @ 1,355.

Ciao.

Comments

Short.
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StirlingBishop akademik09usa
@akademik09usa, You were saying?
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