Wednesday, July 23, 2014

Gold trading strategy release July 24,2014

Currently, gold prices have fallen about 1299 targets as expected. The next target is 1291. 
However, prices in 1291 will face strong resistance. Details as follows:
1. Fibonacci rectracement : 161.8%
2. Fibonacci expansion : 138.2 %
3. White trend line 


Strategy:
Buy limit: 1289 - 1291
Stoploss: 1284
Take Profit: 1299

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