Gold Short Term Analysis

see older post   >>>   Gold : False break of Support


1 hour chart plan A&B

A. Strong candle break 1080.73

        –   wait for retest of a breakout level to confirm the buy signal

        –   Buy Target 1087.42  ( strong candle break above 1087.42 could target 1087.42)

B. price go down to support level or support zone , wait for reversal pattern to confirm the buy signal again     




Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.