Gold on 4Hr chart has for a pennant. Currently at lower boundary, can enter now with a SL of 1251 or on a break above 1261 with a stop loss of 1258 targeting 1280+++
The stock is trending strongly on all Daily, Weekly & Monthly time frame and looking poised for further upside. RSI is positioned strongly on all three frames and Bollinger Band set up is also bullish. Stock on Monday closed at support and offering a good Risk:Reward trade. Buy above 1192 for the target of 1230 with a strict SL of 1178.
