Fxprotrader

Gold Buy Opportunity

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price is being moving sideways testing the sliding parallel of a median line set acting as support. A big spike to the upside took out previous highs indicating that buyers are taking charge at current level. Going long with sl and tp as shown in the chart is our option.

Entry level: 1275.70
Stop-loss: 1269.53
Take profit: 1289.00


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