cryptoject

Gold Long Opportunity

Panjang
FOREXCOM:XAUUSD   Emas Semerta / Dolar A.S.
Whats good everyone.

Taking a look at the GOLD charts this morning you can see a large manipulative wick to the upside that would've taken out any short positions.

However, if you look at the current structure of the market, Gold has just made a new Higher high and now, a new higher low.

During this manipulative spell, gold tapped the 78.6 fibonacci extension as well as a prior support zone with precision, and now looks to be heading higher.

I've got my take profit set at $1970 with a potential for $1988.

Hope this helps.

Penafian

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