Gold Likely To Take Support from Trend line

2017年6月27日

It's a good risk to reward. I have set an order to go long at 1240 and a stop loss just below previous support. Take profit is also set at previous resistance. This is a long term trade and could easily take 4-5 months to achieve its target. The 50 day MVA is also likely to provide support at this area. Will watch candlesticks carefully around this area to get a good idea.

2017年6月30日

註釋

Order has not been executed. Seems like the 50 day MVA (RED) is providing resistance and the 200 day MVA (BLACK) is also acting as support.

2017年7月1日

註釋

Order has been executed.