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peterbokma

GOLD-BUY strategy

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
peterbokma  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis
5
0
trendanalysis
We may have iittle downward pressure due to the negative stoch RSI, and also we are still facing some corrective action from the move around 1,700. I feel maximum we will start basing near 1,740-1,750 and followed by the attempt to move beyond 1,825.

For now BUY @ 1,750 and place stop-loss below $ 1,680. Take profit @ 1,875.
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