TheForexClubFXa2

XAU/USD - Medium/Long Term-Trade - Market Update

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
We've placed a -BUY- on this trade; as price has closed -ABOVE- our daily Trend-line. We have a pretty big S/L so remember to use proper risk management. We are looking to possibly hold this trade over the weekend. This is our 2nd entry for Gold; as our 1st was placed yesterday with a major trend-line rejection.

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