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Gold Parallel Channel

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
vanimator Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Gold goldusd XAUUSD trading investing Commodities commodity Technical Analysis
15
0
trendanalysis gold goldusd xauusd trading investing commodities commodity technicalanalysis
Gold is trading at the lows of the channel and is expected to bounce back to the top of the channel again if the pattern holds.

A good risk reward of nearly 1:4.
Comment:
First Long Target met at $1863
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