The808Trader

Gold Long Ichimoku Trade Idea

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold found itself falling back down to support on the daily will all the positive USD news that hit last week. Now that the effects have started to diminish, it is holding at kijun sen. If we can hold support here I will look to enter a long, targeting our previous high of 1362, with a potential second target of 1370. If price fails to hold here, or our bullish confirmations change, this trade may become invalidated.

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