GOLD: Preparing for an upward Break?
GOLD has tested the important support area at 1765 and now it seems like it is preparing for an upward continuation of the move, towards 1810-15.
We will BUY an upward breakout of 1787 on an hourly close, setting the stops below 1773, targeting 1810.
An alternative and more aggressive approach will be to BUY at current levels setting the stops below 1773 adding more on a break.
We will BUY an upward breakout of 1787 on an hourly close, setting the stops below 1773, targeting 1810.
An alternative and more aggressive approach will be to BUY at current levels setting the stops below 1773 adding more on a break.