Gold Spot / U.S. Dollar
Long
Updated

Gold swing trade for the week 27 October

188
Gold swing trade for the coming week

Expecting Gold to retrace to previous support at 2736 and continue to 2760.

Method
Parallel channels from previous areas and Fibonacci retracements .

We have had previous high levels of support at 2735.7 expecting this to hold again.

Entry criteria
Wait for levels break and retest is the safest entry

Expecting
240 to 280 pips

As always trade safe don't overleverage


Note
Trade activated , have been in this twice 42 pips and 86 pips level is good
Trade closed: target reached
If you held trade ran 560 pips

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