can_waverider

Watching for Long Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
If the price action for Gold remain inside the or breakdown below the 1,285.00 to 1,290.00 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1,287.50
Take Profit Zone: 1,195.00 – 1,200.00
Stop Loss Level: 1,300.00

If the price action for Gold breakout above 1,290.00 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1,295.00
Take Profit Zone: 1,330.00 – 1,340.00
Stop Loss Level: 1,285.00
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