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Trader_Troy

Gold long to 1250 after successful short

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Trader_Troy Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold preciousmetals goldtrading XAUUSD dollar Trend Lines suppport Support and Resistance LONG buysignal
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gold preciousmetals goldtrading xauusd dollar trendline suppport supportandresistance long buysignal
Gold is playing out as I outlined yesterday with prices falling from resistance/ascending trendline from 1218 to 1208. I am looking for a long from here to 1250 with 1:3 risk/reward. Happy trading!
Comment:
This one is not looking good after the bearish engulfing daily candle, and no evidence of bullish price action of lower time frames. On a break below this level a I will watch for short entries.

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