m00npi

Swingers Insight

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
1) Bullish engulfing formed
2) Breaking structure
3) Closing above the 50MA
Early signs of a reversal, trend changing? Gold is notorious for false outs need more bearish sentiment before a sell position.

Longterm swing, Bulls TP: 1880, 2047
Bears TP: 1571, 1500
Entry 1730
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