Buy gold Around 1275 with a stop of 1267 And target of 1300 plus Based on Gann time based strategy ...as you can see it took 44 bars to record a swing high now it took gann 50% time period as support at 22nd bar ...Traders can witness now how and why is time important factor in trading .
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As you can see gold took a dip for about 1269 and bounced back firmly now trading @1285 ...Buy suggested @1275 ....Now trail your profits ...upto 1300 first target
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Book your partial profits and trail your stops ...First target achieved 1300 ...25$ target with 8$ stop loss risk reward ratio was 1:3 ...
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1320 Now ....Buy Suggested @1275 ...
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Gold price will halt now and may resume the trend but Profit booking is imminent in this rally from 1275 to 1320 ....Today is a crucial Day to watch for any reversal ...Stay tuned will update more on this