Hello traders,
GOLD was a tough one to trade last week. We were planning to sell it and we did with a minor loss eventually.
The red support on 4h chart was a good position to long it actually for $25.
On weekly chart, it seems that it found it support above the average band now and might test new high like 1770 very soon. And 1850 is possible if 1800 was surpassed through.
Plan for gold like this next week:
buy it once it pull back to a support level like 1733-1740.
Good luck!!!
LESS IS MORE!
GOLD was a tough one to trade last week. We were planning to sell it and we did with a minor loss eventually.
The red support on 4h chart was a good position to long it actually for $25.
On weekly chart, it seems that it found it support above the average band now and might test new high like 1770 very soon. And 1850 is possible if 1800 was surpassed through.
Plan for gold like this next week:
buy it once it pull back to a support level like 1733-1740.
Good luck!!!
LESS IS MORE!
