spekul_15
Long

Was Gold bought at 1050 level or just going to be sold at 1500?

FX:XAUUSD   Gold Spot / U.S. Dollar
169 0 1
I see Gold             to be very bullish in short-term period (few weeks). I suppose we could see 1480-1520 area here. This level is logical in both alternatives - Bullish or Bearish longterm perspective.

Pay attention that this trade is going to be very dangerous! Momentum now is below the Moving Average - that could mean that seriously drop (1100-1150) without some previous grow could not be excluded. Professional risk management is mandatory trading Gold             now!
Comment: I have seen great Bullish signal at 5 min. chart: 5 bars above the average + trigger. I personally believe it is beginning of shortterm (longterm?) growth now.



Not able to buy more because already is fully equipped. Good luck in trades. Be carefully.
Trade active
Trade closed: stop reached
Trade active
Comment: Stil believe in 1500 area. Prefer to see this fall as false breakthrought.

However, it is crazy short pressure, so not exclude 1100-1200 comes true. But I keep my faith in Gold. Will see soon.

Goold luck and be carefully trading Gold now.
Comment:
Comment: Would be happy to see something like this:
Trade active
Trade closed manually
Trade closed: stop reached
Order cancelled
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