AndreyB

Long or Short?

307 3 2
I think my chart is pretty easy to understand.

The most indicators are pretty oversold and we have support near 1379.X.

I would go short if GOLD             breaks out of the range and passes our support.
AND
I would go long if GOLD             breaks out of the range and retest the blue trendline.

You can see my idea of future price growth of GOLD             on the chart. (Yellow field)
subrata.bose.904
3 years ago
I HAVE A LARGE BUY POSITION @1422 , WHAT CAN I DO NOW? PLS SUGGEST. SHOULD I HOLD ?
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AndreyB subrata.bose.904
3 years ago
You bought on Resistance? Thats is not good.
I would try hope that the price retest the blue line, there i would try to close it with min. loss.
If Price goes down, i would close it when it falls under @1378.5
No responsibility for my tip.
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Akshat Verma
3 years ago
well it looks like to me that mkt will go upto 1392-1394 level than it will touch again 1372-75 level...
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