fxplan

Trade Plan: Gold / Feb 7, 2016

Gold: continues to move higher.

  • Current trend: short-term bullish, gold has broken 1143.00 a key resistnace and will probably rally.
  • Support and resistance:
    S1#1166 , S2#1158, S3#1153
    R1#1178 , R2#1183 , R3#1191
  • Trading tips: To be safe should be patient and wait for a correction and then buy.
  • Strategy: buy @1158, SL @1143, TP @1191

gold