Price TVC:GOLD attracted some buying as the price fell near the $1954 area on the first day of the new week and climbed to the top of the daily trading range during the early European session.
TVC:GOLD is currently trading around $1,960, mostly unchanged on the day and, for now, appears to have halted its retracement from the one-week high touched on Friday.
I will watch to SELL GOLD in the 1970-1972 price range. I expect gold to return to the 1965, 1960 price range. I will take profit. Stop loss 5 prices from the entry point. I hope gold will follow the strategy and make you profitable.
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