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DLavrov
Feb 24, 2017 12:24 PM

Gold Buy Signal Long

Gold/U.S. DollarFXCM

Description

Price bounced from the cloud and the uptrend line. RSI confirms price reversal and DMI shows trend market conditions. We have a buy signal above 1245.00 level. Stop orders must be placed below 1215.00. Profit target can be at 1300.00 level or we can use trailing-stop order for exit.
Comments
IvanLabrie
Nice breakout.
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