CFD Oro (US$/OZ)Long
GOLD Breakout
LONG bias, daily
Gold recently found support at its 13, 20, & 50 SMA before ripping from $1720 to $1740. Currently resting near recent highs.
Given SMA support, STRONG fundamental sipport (monetary debasement) and consistent accumulation above 1680 going back to April 9th, GOLD looks ready to breakout.
50% Target. next VPOC, +$20. 1:1 stop
Gold recently found support at its 13, 20, & 50 SMA before ripping from $1720 to $1740. Currently resting near recent highs.
Given SMA support, STRONG fundamental sipport (monetary debasement) and consistent accumulation above 1680 going back to April 9th, GOLD looks ready to breakout.
50% Target. next VPOC, +$20. 1:1 stop
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