The_Wrap

GOLD Update.... Price action to confirm direction

The_Wrap Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD

Awaiting short term entry confirmation via price action bars @ critical level.

Looking to buy the break or sell the rejection of 1528 zone, if price arrives there.


Comment:
If rejection occurs I may widen my stop to 1530.75, dependent on volume/momentum.

Long position S/L will be much wider.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.