Re-longed gold on Friday, 1W and 1D both still look very healthy for bulls.
Cross on 1W MACD, with the 5EMA looking to cross through the 50/100EMA.
We saw a big bounce off 1220 on Friday which served as strong support and reassures me of my long position.
Cross on 1W MACD, with the 5EMA looking to cross through the 50/100EMA.
We saw a big bounce off 1220 on Friday which served as strong support and reassures me of my long position.
Comment:
Set a SL slightly above cost, if it hits it hits.
Comment:
Moved SL below cost, looks like bears failed 1220 again, could see a bounce to a new high.
Comment:
Removed my SL, doesn't look like we'll see a sub 1220 close today.
