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nivelij01

Waiting for Small Pullback to 1200 before Long-ing

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
nivelij01 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold Exponential Moving Average (EMA) DMI Support and Resistance
3
0
gold ema dmi supportandresistance
The price has broken out 1200 zone. Before getting Long, tiny pullback against 1200 is what I'm looking to confirm if 1200 will be the next support line. Ultimate target will be 1250, with partial profit will be at the previous resistance line 1220
Trade active:
Long order opened at 1205.

Partial profit will be at 1220, while TP will be at 1250.

Stop loss at 1195 with trailing mode.
Comment:
And yes, as expected, GOLD is now "kissing" with 1220. Let's see if this level can be further become the next support line.
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