Opened a long on Gold. Price has broken through previous resistance and targeting the high of 2011. With all the money printing going on, should be a low risk trade. Let's see how it goes.
No indicators, no patterns. A simple support/resistance trade.
Stop is below previous weekly resistance close which should act as support.
Let's Go!
No indicators, no patterns. A simple support/resistance trade.
Stop is below previous weekly resistance close which should act as support.
Let's Go!
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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.