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IkkeOmar

Best momentum strategy for GOLD!

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
IkkeOmar  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Technical Indicators Beyond Technical Analysis goldlong goldtradingstrategy indicator-free momentumstrategy Gold
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trendanalysis indicator beyondta goldlong goldtradingstrategy indicator-free momentumstrategy gold
snapshot
The higher timeframe gives us a contraction zone that is easily visible. Price is currently above this.
The MCVF indicator told us that momentum is going to the upside, when we look at the smaller timeframe (15m in this case).
We have three TP targets:
  • The 1.272 fib level
  • The 1.618 fib level
  • The 1.92 fib level

The indicator is linked below!
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