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SmileR2020
Dec 16, 2020 4:19 AM

Long and Holding Long

GOLD (US$/OZ)TVC

Description

Everything is playing out with the seasonal long I suggested a few days ago. Gold is looking very strong now, especially if it finishes the week strong. I will take half profits at 1950 and let rest run into February before taking the rest off the table. That is the plan at present anyway but plans can chage I think there is a strong possibility of it heading back towards all time highs. So many shorts posted up here in the last week and at the moment, it confirms my contrarian view of going long even more. I will move stoploss to entry once I hit around 1980. Best of luck people.
Comments
FTUKcom
I agree very bullish on gold
SmileR2020
@Forex-Traders-Uk, without a doubt and especially after Fed statement tonight....Home run now I think....Best of luck in your trading..
FTUKcom
@SmileR2020, Thanks man you too!
SmileR2020
@Forex-Traders-Uk, 👍👍
SmileR2020
Sorry that should read....I will move the stoploss to entry when trade reaches 1880 not 1980..
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