0501 Wk P1 GOLD is possible to make a new high to 1600-1628
Gold is still on a strong trend due to the tense situation in the Middle East. Any small correction on daily or 4h chart could provide a entry opportunity to long .
But trading with small STOP LOSS and big size could be fatal for traders. You could be easily blow your account just becasue a correction of $10-20 for gold.
We want to set up a buy order still but this idea can not be executed too optional. Your prudent entry could save you a lots.
Good luck on finding your entry signal to trade gold next week.
LESS IS MORE!
But trading with small STOP LOSS and big size could be fatal for traders. You could be easily blow your account just becasue a correction of $10-20 for gold.
We want to set up a buy order still but this idea can not be executed too optional. Your prudent entry could save you a lots.
Good luck on finding your entry signal to trade gold next week.
LESS IS MORE!
Trade closed: target reached:
1610 HIT ONCE IN THIS ASIA MORNING.
