Looking back my post last week (1st June 2019):
We had a great week with Gold. Gold has hit all of our targets at 1323 and 1340
Weekly Chart:
A strong bullish candle
Daily Chart:
Bullish candle with rejection of high price right at the down trend line since July 2016.
Watch out:
1. There might be a retest at zone 1320-1328 before going up
Action:
1. Waiting for correction to determine the right entry to join the Bull
2. Our next targets are 1357 and 1375
3. If gold could breakout the down trend line mentioned above then it is likely to reach our new targets.
Stop Loss:
Always set your SL
We had a great week with Gold. Gold has hit all of our targets at 1323 and 1340
Weekly Chart:
A strong bullish candle
Daily Chart:
Bullish candle with rejection of high price right at the down trend line since July 2016.
Watch out:
1. There might be a retest at zone 1320-1328 before going up
Action:
1. Waiting for correction to determine the right entry to join the Bull
2. Our next targets are 1357 and 1375
3. If gold could breakout the down trend line mentioned above then it is likely to reach our new targets.
Stop Loss:
Always set your SL
