Gold Trading

Gold is trying to get rid of the black channel. Technical indicators are getting better.

Bulls:
- Buy gold as close as possible to m20. Target: 1142. Stop loss in case gold close below m20
- Buy gold when it hits the bottom of Andrews pitchfork (stop loss if close under the pitch fork). Target is the median lien.

Bears:
- Short sell gold when it hits the black channel. Target m7. Stop loss if close is above the black channel
- Short sell when gold hits the supertrend. Target: m20. Stop loss if close above supertrend

Have a good trading day


This is not advice, this is just what I would do.