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Rocketman
Jul 23, 2015 11:53 AM

GOLD: Possible Long at 1091.40 IF it retraces... 

Gold/U.S. DollarFXCM

Description

I am watching for gold to retrace to 1091.40 for a possible long, buying for a rally upwards based on weekly and monthly trend channel support.

This fall back to 1091.40 could take up to 24 hours. I am not saying that it WILL happen, but watching for the possibility to get in at a cheaper price. So, I am watching that level.
Comments
VRShaiju
Newly invented ISHS :) Thanks for sharing
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