Gold long
Long gold from red line. This has been a resistance line since April 11. but it was breached before. In the last few hours the recent uptrend has resumed pushing up through this line and forming support above it .
Stop 1255
Entry on red line about 1256
Profit at 1279
Stop 1255
Entry on red line about 1256
Profit at 1279
Note
possible cup and handle on 1 minute chart for a new leg upNote
Long Gold EntryTrade closed: stop reached
Stopped out for loss of $2.50 per contract
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Related publications
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.