Gold Long
Gold long from current spot price 2735.24
Price has stabilized nicely now, after pushing up from the round number (but not quite 2709). Closed the day off with a nice bullish candle pattern amongst timeframes, H6, H4 & Daily. Now that buyers are back with some volume there is the possibility to go higher. The fundamentals have not changed for gold. Should see highs being tested and possibly broken again next week.
Going long now for a second entry based off of the previous trade idea, mentioned.
Safe trading as always, stay risk managed.
Catch you later traders ▲
Price has stabilized nicely now, after pushing up from the round number (but not quite 2709). Closed the day off with a nice bullish candle pattern amongst timeframes, H6, H4 & Daily. Now that buyers are back with some volume there is the possibility to go higher. The fundamentals have not changed for gold. Should see highs being tested and possibly broken again next week.
Going long now for a second entry based off of the previous trade idea, mentioned.
Safe trading as always, stay risk managed.
Catch you later traders ▲
Trade closed: stop reached
Stop hit. Looks like in a profit taking phase, limited upside potential for now. Maybe looking for some more longs at the round number 2700. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.