FUNTRADER-Vera

GOLD: NEW POSITION TO WAIT TO HUNT FOR 400 PIPS!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
51
Hello, traders,

This is just showing a safe trade to trade.
Gold has made a new high, we want to reenter to hunt more pips with this trend.
B is one of the safe position to long again as this resistance line could possibly become a support line later. And a new channel for gold to move up( the red channel).
If 1303 is really coming, then 1255-1260 will be the best entry to long gold again for round 400 pips!

LESS IS MORE!
Comment:
Comment:
Comment:
GOLD reach out entry zone, but we want to see more signals before making any move on the long trade.
And DXY is showing strong bull, not a good idea to long gold now.
We will have another chart to trace gold again.
Trade active:
1260 long trade entry.
Comment:
making $7 , 70 pips now.
Comment:
one more up later for gold, we will think about the possibility of short trade.
Comment:

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