harryexe

A long at the test of 1160 again

Long
harryexe Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
5
Gold just broke 1170 support, and will probably test 1160 again. With a bullish divergence in the rsi, and an over bought USD, I expect gold to be bottoming out. I stop loss is tight at 1157 in case it breaks through. Another major support is around 1148-1150 area. If it breaks that, I'll be surprise.
Order cancelled:
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