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Yuriy_Bishko
Aug 27, 2019 11:07 AM

GOLD is near Buy Zone Long

GOLD (US$/OZ)TVC

Description

If the price will rise above 1535.00 we can open Buy.
Potential profit will be in 3 times bigger than risk.

Trade active

Trade closed manually

Comment

it was half of target. I hope you make some profit in breakeven

Comment

new idea
Comments
khalid252
Good chart but gold if broken 1526 and close under it we we’ll see more down to 1493
fanny500able
@khalid252,

On what timeframe?
khalid252
khalid252
fanny500able
@khalid252,

My pending buy order from yesterday was triggered . I waited for a retrace to 1535 this morning.

But I think the H1 & H4 RSI is overstretched. There may be a massive pull back to 1490 before it rallies up again.

So I think with reasonable stop loss, thisbtrade is still very valid.
khalid252
Hi mr but today important how up for today maybe trump deals to China then gold more down if broken 1514 thanks
Yuriy_Bishko
@khalid252, maybe. Thanks for shearing your thoughts!
khalid252
@Yuriy_Bishko, well come
mjtrustme
I am late to the party.
the5erstrading
Gold is now reaching the supply level at 1541 USD for the second time, do you see it breaking through this time or going back down?
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