Loii

Revised LONG trading plan

Long
Loii Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
LONG TARGET 1248-1250 (top of the wedge) THEN retracement to bottom of pitchfork channel of roughly 1225 then LONG then till 1280 region (or top of the channel)
Comment:
Top of Wedge can now lower if time it takes to hit there is longer. could be in the range of $1247-1249
Comment:
IMPORTANT UPDATE: if nfp is positive, expect a big retracement in the region og 1170-1190. This is needed even in a bull gold market. similar to the rise in 2011.
Comment:
48-49 target hit, took profit, looking to trade the wedge till wedn
Comment:
my bottom of wedge has been revised higher.
Comment:
disgarded my gold shorts, long now
Comment:
gold failed to break the rising wedge hence why i am long now
Comment:
long at 1230$ again, might take some profits before adv nfp
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Comment:
updated trade idea
Comment:
wow gold is moving in exactly as predicted!
Comment:
my target if bull continue is now $1285-1300

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