GOLD Buy Idea @ Daily Demand Zone (1229.91 - 1217.14)
Buy Limit: 1227.48
Stop Loss: 1244.25
Take Profit: 1215.83
Expiry 1 month
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:1.5 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit