Possible Gold Long Setup
Hey guys,
hope everybody is fine. First of all, we want to apologize for not being active for the last couple of weeks, as we are currently updating our website. But we will start from today updating all charts. :-)
Okay, so let's start with a possible long trade in Gold.
As you might know gold and silver are in an intact long trend and we are expecting gold to reach around 1300 in the midterm. As gold is currently correcting, we want to take the chance and buy gold at around 1247 with a stop loss below 1227 and a potential target of 1300.
So let's see whether gold makes another push to the downside or not. Please read the article below on why we think all commodities and the currencies will gain in the near future. Hope that helps.
Cheers
hope everybody is fine. First of all, we want to apologize for not being active for the last couple of weeks, as we are currently updating our website. But we will start from today updating all charts. :-)
Okay, so let's start with a possible long trade in Gold.
As you might know gold and silver are in an intact long trend and we are expecting gold to reach around 1300 in the midterm. As gold is currently correcting, we want to take the chance and buy gold at around 1247 with a stop loss below 1227 and a potential target of 1300.
So let's see whether gold makes another push to the downside or not. Please read the article below on why we think all commodities and the currencies will gain in the near future. Hope that helps.
Cheers
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Got stopped out
