Gold has reached an ascending trend line. If it breaks that trend line, we will very likely experience GOLD reach the price of 1125 pr. OZ. That price is based on equally distant moves and last lows.
But remember this trade should only be executed in case it breaks the trend line.
But remember this trade should only be executed in case it breaks the trend line.
Trade active
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Stop to B/E. Trade is now risk-free. We will look after places to add to the trade.
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Add to trade. I advice you to make a 70% position.
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Move stop so that the whole position, worst case scenario, goes to B/E.
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Add and move stop again.
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Add, and move stop just above last high.