velmunis
Long

GOLD Triangle formation

FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD

Gold has crossed the major psychological level which is 1600.00

And currently trading at 1620.00 level

It has broke the triangle formation and reached the top side level of 1620.00

We can expect short term fall back towards 1606.00 level

From this level suitable long position may open at 1606.00

Take profit will be 1628.00

Stop lose may placed below 1597.00

Leave your valuable comments below
Trade closed: target reached: Target acheived with +250 pips

Comments

Sold at 1640, aim to reach target 1612,, Happy Intraday Trading.
Reply
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