PiPumer

GOLD Strong Resistance & is under Correction

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello Friends,
Here in this GOLD analysis we have a Resistance around 1795 from which i have Told you in "The FX PiP" that possibly it'll fall from here which happens already & after that it comes back into its resistance area. So Here if it break the trend line because of rejection from resistance again we're ready to trade till support level. Otherwise if it keep on flying then our with the breakout bar the resistance breakage will be sure & we are ready to take trade from 1800 level aprox upto 300 pips.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.

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P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
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