Long

Quick update on GOLD: LONG

By cacus

Updated

Longing gold here, Z could be over, will evaluate reentering at lower levels, this is long term.
Targets on chart.

Bullish Black Swan pattern
Long term trendline support
Volume profile support zone

Good luck! I'll post updates as soon as I can or see something strange.

Note

Stops moved to BE, just in case.
Last week big fishes kept dropping contracts, it is better to be safe.

Regards

Trade closed: stop reached

Stopped out at BE. Current levels are tempting for a reentry, but for now i'll wait for a better signal. Future contracts expiration could trigger some more selling.

Note

It could be a turning point. But, i'll wait for 1260 for a cheaper price.

Note

Playing careful here. Massive drop in future contracts from big players.
Just watching for now. Remember even numbers at 1230/40 could be possible, so bear in mind if you are going long at any particular level.

cacus

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