Gold looks bull both in short term and longer term. However, will Gold price break out 1360 in early next week? Don't forget next Fri." NFP". 1) 1350-1355 will be tested again, if 1360 blocked, short for rally and hold till"NFP". 2) 1329 is an important support, for longer term plan, go long if it holds. That's the strategy only. Trading depends on the ...
As the chart states.. The trend line is going to be broken out, fly to 1400+ If you didn't catch the rocket, you'd have enough patience to wait for an E retracement.
Gold is still in Bull, till 2020. A new high can be expected within 4 years, possible high is 1952. Then, will be in bearish market for 10years, till 2030.
Bearish Crab appeared in 1H chart. Plan to buy at 17.4-17.5
I'm still holding long position at 1201, and short position at 1313,1293.62. Plan to wait for retracing 1261 to buy again.
I'm still holding long position at 1201, and short position at 1313,1293.62. Plan to wait for retracing 1261 to buy again.
see the chart! I've aready shorted at 50.1. tg:45-42 i should say that i was lucky due to last trade plan, i made a hedging for the rest half of my short position. And finally my short postion was closed without lost. The hedging position has protected the profits. So I would like stress on the money management policy of your trading plans! That's more important...
entry:1200-1203 tg: 1240,1260
I cannot predict now, so i think i need a nice plan at the stage. When the market is full of noise, all I can do is to follow with my own plan. I've longed at 1245:)
For longer term, buy after breaking out 1283 again!