Gold Long @1279
RSI trending upward and price action above 200 EMA. Price is also at a critical junction (bottom end of 2 standard deviation linear regression).
On this basis there is more upside potential than downside and I've entered a long position at 1279.
Expect a price rise to resistance of 1293 with expectation to price rise of 1300+ in mid term.
On this basis there is more upside potential than downside and I've entered a long position at 1279.
Expect a price rise to resistance of 1293 with expectation to price rise of 1300+ in mid term.
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