Gold trading 02/12: CLIC ON THE CHART TO ENLARGE IT



Good. Finally, the median line of the grey Andrews pitchfork has been reached. MACD is crossing its signal line and momentum is positive now.
If you are bullish on gold, you can:
- Buy gold next to 20MA. Target: the upper black line. Stop loss: if close under the 20MA.

If you are bearish on gold, you can:
- Short sell gold when it hits the upper black line. Target: 7MA. Stop loss if close is above the 20MA


Have a good trading day


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

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