Another great day for us on the market. As highlighted yesterday we took our exit and waited to see price react to 1841Gold resistance. This rejected for a move back down to Goldturn support. We took a buy from the dip at1833 Gold for 50PIPs for a perfect exit at 1838.
EMA5 cross and lock above 1841 will open the remaining upper levels otherwise price will play between the strictures. We will track the movement level to level and continue to buy dips from our support levels for safe 30 to 50 pip exits.
Please also review our multi timeframe analysis on the related posts below to see our potential mid to long term targets.
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