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Trade-Wealth
Aug 21, 2017 12:20 PM

Gold may lose it's shining 

GOLD / U.S. DOLLARICE

Description

Gold has reached it's resistance zone and making rising wedge on daily chart pattern. If breaking wedge support line, one can go for short trade.
However it may attempt to break the hurdle resistance zone; If breaking upper resistance line can go for long. Confirmation must be required for initiating this trade.

Comment

Gold not giving up

Comment

first attempt towards upside

Comment

Above 1300$ shall initiate buy wait and watch mode now

Trade active

Comment

Targets 1340

Trade active

Comment

Ramping up

Trade active

Trade closed: target reached

Comment

Fresh buy gold at CMP for target of recent high

Comment

RR is good

Comment

Buy above 1300. SL 1280

Trade active

Trade active

Trade active

Trade active

Trade closed: stop reached

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