Gold / Important levels ahead for this and next week.

CFDs on Gold (US$ / OZ) (TVC:GOLD)

Updated

TVC:GOLD CFDs on Gold (US$ / OZ)

trendanalysis indicator waveanalysis gold usd long short neutral fib

Gold have taken some damage last month. For this week I see more downside for this metal. Area I have monitoring is fib 0.61 level and trendline. If price moves below that level than anticipate more selling for gold.

Trade active:

Opened long at 61.8 fib level.

Trade closed manually:

Closed with nice profit. Didn't want to have it open over weekend. Will watch on sunday/monday for long enter again.

Trade active:

Opened new one today.

Trade closed manually:

Closed with nice profit. I will wait for next pullback to go long again.

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