DaSpalla

Gold Long for This Week

Long
DaSpalla Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
3
Will touch 1300 before continuing the Bear until 1212.. I'm taking a more conservative approach for Target Profit at 1290 because of a slanted resistance ( gold line).
Keep an Eye on MA 20, it's the key to decide for opening a position!
Comment:
We are forming Head and Shoulders this time.. so keep your eyes on to see the reversal happens. Although nothing is 100% certain in trading world, we still can have confirmation where the bull momentum after HNS is done, therefore I set long point now at 1266.
Comment:
Comment:
Comment:
Resistance now 1276 & 1290
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.