Gold continue toward the $1952 USD; Break Even!!!

Looking the Gold trend, we see that this par is up a lot, so in H4 I secure 82 pips from my price entry that was around of $1,900 USD. The break even is $1,908.15 USD, that is my protection of my all earns. Also, as Gold continue in H4 into this bullish channel, also I draw this purple line becuase Gold form it, and then, a blue line that indicate a resistance and now, is support. So, Gold was broke up the blue line and purple line recently, now we hope a little pull back so nearly of this purple line to then, continue toward the $1,952 USD.

The most curious in in Daily, we see that Gold is trying to broke up this bearish channel, and then, it's into this bullish channel, that is a good indication that Gold is bullish as bulls still bought more!!!

Congraluations guys if you follow this analysis on Gold, now you can to use a break even, also, if you see my recently publication of the Forex par: Euro/Canadian Dollar, there's another good posiiton for long if you want to look!!!

Giao dịch được đóng thủ công:

Closed up gold and silver