Gold is rising today as the 4 day pull-back made a stop near the bottom of the Channel Up.
At the same time it stayed over the MA50 (1d), which since July 12th has been closing all (1d) candles over it.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2015 (Higher High on the Channel Up, a little under Resistance 2).
Tips:
1. The RSI (1d) is rebounding on the MA trendline. It is identical to the July 6th bottom rebound that led to a Higher High.
Please like, follow and comment!!
Notes:
Past trading plan:
At the same time it stayed over the MA50 (1d), which since July 12th has been closing all (1d) candles over it.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2015 (Higher High on the Channel Up, a little under Resistance 2).
Tips:
1. The RSI (1d) is rebounding on the MA trendline. It is identical to the July 6th bottom rebound that led to a Higher High.
Please like, follow and comment!!
Notes:
Past trading plan:
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