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Gold long to 1245-55
Gold Spot / U.S. Dollar
Long
Gold long to 1245-55
By chillipowered
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Updated
May 16, 2017
5
May 16, 2017
Gold is passing the 200EMA and the 0.236 fib retracement level. Looking for bullish entry opportunity on 15m chart with targets at 1245 and 1255
May 16, 2017
Trade active
Have moved my stop to 1240. Scale out 1/2 at 1245 then trail stop every 5 until 1255.
May 17, 2017
Trade closed: target reached
First target reached so scaling out most of position. WIll continue to trail stop until hit or 1255. Happy with result.
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