ChristopherCarrollSmith

Gold: buy and set stop loss

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Here's the trading range on gold. This is a good place to buy and set a stop loss below the channel. Stocks ought to pull back from oversold territory soon, perhaps as soon as tomorrow. That would probably juice the gold market a bit and present a scalping opportunity.
Comment:
(I meant overbought territory, not oversold territory.)

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