But it was broken.
And now. The first target is 1120. The second target is 1063.
However there is the possibility of a correction in 1183.
E.p = 1173
S.l = 1183
P.l = 1063
Position size = 99% risk of capital
IN GOLD WE TRUST :D
I think 1190$+ will be seen in short period. But like you mentioned i agree ,
it has to break above 1204$ for a powerful move again.
HIGHLY RECOMMENDED FOR ALL TRADERS>>
DO NOT TRADE COMMODITIES LIKE GOLD ON OTC . ALWAYS GO WITH THE PHYSICAL INVESTMENT.
If you still gonna trade it , just keep it minimal (MAXIMUM %0.5-%1.0 of your total balance)