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TPISC
Aug 11, 2016 8:08 PM

Gold long setup at EMA200 support Long

Gold/U.S. DollarFXCM

Description

I am a fan of Gold because it's unpredictable and it's kind of challenging :D
Long positions would be nice at 1331.85, 1331.26 and "1329.79" and we have got EMA 200 and previous low that will support us.
Shall we make this trade happens?

Target will set very near because it has broken the trendline and revisited twice, this tells me it's a downtrend on H4 TF but we can make a profit when it pullbacks.

Comment

Going to short first then Long.

Check out my new idea.

Order cancelled

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