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LCFXpro
Dec 3, 2019 6:47 AM

GOLD UPDATE Long

GOLD / U.S. DOLLARICE

Description

Following the previous ideas on Gold, as long as buyer manage to stay above the highlighted zone long bias remain intake.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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LamchiuFX
Comments
asgcorp
nice update, thanks for sharing, buddy.
ultimate xauusd xabcd setup bulls/bears with sl/tp bullish xabcd
FiboTradeMasters
Seems like you have drawn a downward channel with strong resistance at 1500 levels. Shouldn't it be a sell call in this case?

In any case, taken inspiration from your downward channel to generate a short call. =)

PigsGetSlaughtered
@FiboTradeMasters, He called it right though
FiboTradeMasters
@PigsGetSlaughtered, yeah good for your own trade positioning though
PigsGetSlaughtered
@FiboTradeMasters, I've been holding physical 1 oz gold bars/coins for some time now. If the price goes over 2k, i'll wait to see what the new high will be, and ill sell around there. I don't trade it. I trade crypto.
FiboTradeMasters
@PigsGetSlaughtered, Bro I have a long term xauusd position too. =) been holding it since late last year at 1300.

You can sell call options on gold's way up. Doubt it will be a hyperbolic rise so collecting extra premiums will be cool along the way. You can track my midterm Fibo charts to time the call selling.
josebravini
I agree..
Boon2
Possibly completion of my B wave.
AIRFOREXONE
same idea :
asgcorp
ultimate d1 trade plan for xauusd and outlook for dec2019
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