Amazing GOLD Buy Opportunity

7
244
Amazing Gold Buy Opportunity Forming

Hi Traders! We have an amazing Gold buy opportunity. Gold appears to be respecting the upper trend line and it currently is set to be moving inside this expanding channel.

Gold Daily Chart:

Amazing GOLD Buy Opportunity

As long as the last low is holding we can look for buy opportunities.

Here is my plan:

Gold H4 Chart:

Amazing GOLD Buy Opportunity

Look for a break above 1236.36 and then wait for a small correction. Once hidden divergence forms and completes itself on the H1 chart you can either go long aggressively or wait for the most recent down trend line’s breakout.

Protection should be below last low around 1213.83 or so in both scenarios.
Target 1 – R:R 1:2
Target 2 – Top of the expanding D1 channel.

 

You can get more trade ideas by joining my club for free now. You can enroll today here:

Amazing GOLD Buy Opportunity
Also you can get one of my strategies free of charge. You will find all the details here

 

Yours,

Vladimir

SHARE

7 COMMENTS

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here