In daily timeframe, gold broke out of the descending channel and doing do formed a double bottom (almost a triple bottom ;-)), if we can see a pull back to 1735 it would be a good buy zone with TP of 1858.
Commento:
If you have opened a buy position at 1737 i would recommend you to hold to it and wait for the target of 1858. It might take another two or three weeks.
Commento:
The price is going up and is near our target. It will probably reach the target within this week.
Trade chiuso: obiettivo raggiunto:
Target reached on Friday Jan 6th.