Jollymolly

Gold Buy Setup for 1650 and 1750

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Buy Setup for 1650 and 1750

Gold is still trading in range.. so as far as it trades above 1535... it will head up above 1600..

Stop is at 1535
Comment: Swing Setup with High Ratio Reward comparing to stop loss!!!!
Comment: 1hr Resistance Trendline Breakout with 1hr candle close above 20 Ema.

For very short time... trading above 1556 is very bullish!!!! but overall trading above 1535 will shoot high!

Comment: With High Volume, my stop is 1554.. very little stop entry is 1458 and target is open!!!! towards 1567 and high!!!
Comment: how far gold can go... crazy gold!!!
Comment: Gold at resistance.. I entered short at 1602!
Comment: It will go to complete its open gap of yesterday's Asian session gap @ 1580!