Long gold from red line. This has been a resistance line since April 11. but it was breached before. In the last few hours the recent uptrend has resumed pushing up through this line and forming support above it .
Stop 1255
Entry on red line about 1256
Profit at 1279
Stop 1255
Entry on red line about 1256
Profit at 1279
Comment:
possible cup and handle on 1 minute chart for a new leg up
Comment:
Long Gold Entry
Trade closed: stop reached:
Stopped out for loss of $2.50 per contract
