GoldBands
做多

An Inside Day for Gold

COMEX:GCZ2016   GOLD FUTURES
Good Evening Traders!

Another lackluster day for Gold             , that's for sure! Gold             traded up to a high of 1258.2 but that was not enough to break last Friday's high, showing that Gold             remains extremely range bound. On the positive side, the Stoch RSI continued to make its way toward the 20 line, giving the bulls hope that a breakout is due in the next couple of days.

After hours trading on Monday night has been bullish with Gold             finally breaking Friday's high but struggling to stay above the 1260 mark. With GBP Consumer Price Index reports at 1:30 am PST, let's see if that can move the needle here. US Consumer Price Index is due out at 5:30 am PST.

I've drawn 3 major areas of support and resistance on the chart. It's interesting how they coincide with the 23, 28 and 50 percent retracements on the yearly move up. Let's watch the areas for sure.

I am long at 1258 with a stop at 1240. With a first profit target at 1305, that's a slightly better than 2:1 risk reward on the trade.

Safe Trading and Protect your Profits!

评论: Edit:

I've drawn 3 major areas of support and resistance on the chart. It's interesting how they coincide with the 23, 38 and 50 percent retracements on the yearly move up. Let's watch the areas for sure.
简体
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
繁體
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 优先服务 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出