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EylemCulculoglu
Jan 12, 2018 5:47 PM

Gold bullish trend has started according to Tom Demark count Long

GOLD / U.S. DOLLARICE

Description

Tom Demark count gave a green 2 on the daily chart which is a clear buy signal. I expect the bull run to continue for up to 7 more days.
Bollinger Bands is wide and Stoch RSI is not oversold so I do no expect a huge increase. We might touch the resistance at 1349 and pull back.

Here is my trading idea:

Long at: 1331
Take profit at: 1348
Stop loss: 1310
Comments
clubie
just wana get more understanding, isn't it usually when price point hit the Bollinger Band's top, usually price drop down?
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