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fr.ortiz88
Oct 3, 2018 1:45 AM

Possible Long Gold  

Gold/U.S. DollarFXCM

Description

In my previous post, i was short gold and Stop loss was hit. I was expecting a bearish continuation with a daily closed below 1185. However, the position reverse and my thinking as well. i will enter a long position with a daily close above 1215 or a short position below 1180. Also, its is important to take a look at the direction of the US Dollar.
Comments
stonejack0505
I see bearish flag
fr.ortiz88
@stonejack0505, it cannot be consider a bearish flag with a bottom reversal.
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