Hi all ,
This is friday and it is better to leave your accounts clean without any open trades to start next week fresh.
I have been buying gold this week anywhere near 1215-18$ and this is beacause of the chart below. You can see there is a daily trend in the make.
The yellow metal has fallen almost 80$ since macron winning first round of french elections and there is a minor gap which might be filled in near future.
SO I am bullish as long as we dont close below that trendline on a daily basis.
On the 1h chart , there is also a trendline being made and you can go long anywhere in the area close to 1223$ . RSI is also showing a trending pattern and this is signaling a rebound to 1240$ as first target after tackling1232$...
Feel free to contact me anytime.