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CFDs on Gold (US$ / OZ)
Long

Daily Long Opportunity on Gold

176
Gold has came back down to the 100 SMA on the Daily timeframe which is also in confluence with a support level. On the weekly timeframe, a bullish hammer has formed and to make this trade even better, in terms of oscillators, gold is oversold. TP for me is the previous weekly high and my stop will be just under the weekly bullish hammers low.
LegendaryStick
Commodity Channel Index (CCI)confluenceHammeroversold-oscillatorssmaSupport and Resistancetrend

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Commodity Channel Index (CCI)confluenceHammeroversold-oscillatorssmaSupport and Resistancetrend
LegendaryStick

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.