Since my last post on Gold, Gold keeps its downtrend after it broke its uptrend line. Now it looks like that gold reached its support area, and i think it's probably a good opportunity to long gold.
Comment:
Strong support reached
Comment:
Already moved up 2400 ticks from the strong support, take some profit and see if gold can break the current resistance and go higher.
Trade closed: stop reached:
Gold broke its strong support and keep heading to lower low. Closed the rest long position after it broke the support.