Gold triggered a MM Pullback buy entry today with a strong breakout. It closed above a 4 point downward sloping trend line and was the highest close since November. Its high was just shy of the monthly R1 pivot and looks to be headed toward my target range of 1293.30 to 1313.20. Entry price was @ 1259.00 with conservative stop @ 1241.40 and aggressive stop @ 1248.10.
Tuesday, April 11, 2017
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