GoldBands

Gold Gains and Penetrates Mid Bollinger Band

Long
COMEX:GC1!   Futures Oro
Gold moved higher today, gaining 10.2 point to close at 1255.7. After penetrating the middle Bollinger Band @ 1255.4 to hit a daily high of 1261, price closed just underneath that middle Bollinger Band. I am still expecting a tag of the outer Bollinger Band at 1266.10, which is my first profit target on this bull trade that started with an entry at 1220.
All signals are bullish, including the Heikin-Ashi candles.
Disclaimer: This post is for educational purposes only. Trading is at your own risk.

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