Ferin_Patel

Gold Next Move

Long
Ferin_Patel Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
On higher timeframe we are still on descending structure..
However, the market mood is currently confident to move towards prior highs, prior to FEDs upcoming announcement..
We will take a scalp position & a mid-term position on break of 55 lvl. Close scalp @ 70, let rest run to 1910's zone.
Comment:
asia scalp was activated last night.. during asia session we are almost at the target.. once reached.. move the mid-term trade to breakeven, if you have only one position i recommend 60% close @ 1870 & let rest run @ breakeven..
Trade closed manually:
Closed; We will wait for next setup.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.