Peet_Serfontein

Gold $: change in trend direction?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
A price action above 1820 favours a bullish trend direction.
The ideal price range is close to 1810 as possible.
Increase exposure for a break above 1850.
The target price is set at 1880.
Stop-loss is set at 1800.
It will appear that wave 5 out of the Elliott wave analysis started.
Remains a risky trade.

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