Hi everyone! Here is my idea about the gold based on my trading system. The price bounced from MA50 which is the support level , other indicators confirm the reversal, MACD and RSI . Stop Loss is placed below the LOW (1205.00) and the Target is Up Bollinger Band (1275.00). Enter level - 1223.00!
We are in profit now, but the price has not reached the Target Level yet. Any way we could close a part of the trade and place the Stop Loss above our Entry.
I teach how to trade properly in TRADUNITY // Come to learn trading and get premium signals here https://tradunity.com
Free Forex Signals: https://www.fxluxus.com The Best Forex Broker for EAs: https://goo.gl/dsiQN8