Tradeplicity

Can Gold finally Rally...WE are about to find out

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
1
A 1:5 risk/reward trade. Gold seemed to gain momentum just to fall back down to support/resistance levels of 1080-1070 range. We are placing our stop below the recent low and our target is to the top of the channel. dating back to October 2013.

Good luck.

nvestUcapital
One trade at a time
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