Considering the long-term bullish trendline identified in the weekly timeframe; I am still expecting a bullish momentum for the yellow metal.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Comment:
A reversal signal has happened in the form of a breakout of the neckline @ $1,865 on the 1 H timeframe; now we shall be looking for a bullish confirmation in the next couple of hours to join the potential uptrend. Video update coming soon
Comment:
Picture update
Comment:
Price action moving as projected
Comment:
Find below what my plans are regarding buying the Gold;
Comment:
Re-adjusted entry (added to existing)
Trade active:
Over 4,000 pips running in profit (2 positions); Lock in some profit
Trade closed: target reached:
4,200 pips in profit (2 positions)
Trade smart. Trade consciously
