trungle83

GOLD short term buy

Long
trungle83 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
If price comes into 1281.63 (a a good support area as price had respected and bounce several times previous) I will look for a buy opportunity.
I am anticipating that price will go up and retest the 1294 area.
For this trade to be an attractive opportunity, I want to buy at 1281.63 area which gives a
Risk Reward Ratio of 3.5
Trade active
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.