Gold trading strategy medium-term release September 11,2014 . Target : 1219 USD/oz.
USD remains near its highest level in six years against the yen and rose against the euro.
In fact, the dollar is at the heart of the currency markets in recent weeks, in part because investors remain concerned about the time the Federal Reserve (Fed) interest rate. Dollar increase is the main cause of the price of gold fell sharply.
Strategy medium-term:
Sell: 1245 - 1250 USD/oz
Stop loss: 1259 USD/oz
Take Profit: 1228 - 1219 USD/oz
Wednesday, September 10, 2014
Gold trading strategy medium-term release September 11,2014
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Gold target medium-term : 1219 USD/oz
ReplyDelete1231.7 points is probably due to reversal coincides with the 76.4 fibonacci ratio and red trend line. Personally I still think gold will fall further, perhaps the current is only increased slightly adjusted. If gold prices continue to break 1231, the next target will be 1219.
ReplyDeleteYour trading strategies are great. Things are going in the right direction. Cheers.
ReplyDeleteClosed the week at 1229. Your strategy is great. Top
ReplyDeleteGreat. Bro !
ReplyDeleteThank you !
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