Gold Trend Monday analysis
Updated
Gold touch the price around 2477 after USA NON FARM PAYROLL figures disapoint the insitution invester and i think unemployment rate ticked up from 4.1 to 4.3.
Bullion rallied sharply capitalizing on the fall of the USA 10 year treasuary bond yield which taked up 15 basis point to 3.815%
i thinked that you make the shot position on the price around 2455 and make SL 2477 and target TP 1 2445.00 TP 2 2435.00 TP 3 2400.00
Use small lot on the chart take small risk on your equity.
Bullion rallied sharply capitalizing on the fall of the USA 10 year treasuary bond yield which taked up 15 basis point to 3.815%
i thinked that you make the shot position on the price around 2455 and make SL 2477 and target TP 1 2445.00 TP 2 2435.00 TP 3 2400.00
Use small lot on the chart take small risk on your equity.
Trade active
book your 50% profit and make your entry stock loss then if market break the level of 2414.00 you will see a gold jerk down side below 2410 so enjoy your trade and my target 2400.00 .Trade closed: target reached
Now wait and see
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