Gold traded into the 1293.30 to 1313.20 range on April 17th, meeting the minimum target, and has since traded back below the 1241.40 low. This pattern is no longer active.
April 11 post:
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.
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