Temporary long roughly 1000 pips long for the next 6 days.
Long: Spot price Or at the 1253.61 price level.
TP:1268.74 or less
Blackbox: Area of serious volatility so i suspect either a reversal to the down side (great for scalpers) or some consolidation to beware
Redline:if long exceeds the line assume a continuous uptrend until the next price level @ 1294.69.
Period: two weeks
Note don't hold gold 0.46% for too long , it's rather too sensitive to fundamentals so avoid being stopped out.
Long: Spot price Or at the 1253.61 price level.
TP:1268.74 or less
Blackbox: Area of serious volatility so i suspect either a reversal to the down side (great for scalpers) or some consolidation to beware
Redline:if long exceeds the line assume a continuous uptrend until the next price level @ 1294.69.
Period: two weeks
Note don't hold gold 0.46% for too long , it's rather too sensitive to fundamentals so avoid being stopped out.