Gold going to 1154.00

Gold going to 1154.00

28 July 2015, 10:14
forexintel
0
120

The yellow is locked below black MA in H4 but the current H4 candle high is higher than the previous H4 candle. Will wait for the close of this candle to decide on keeping the trade.

 

In H1, the yellow is locked above the black MA but H4 being the higher time frame is more important.

 

And if the prices go below yesterday's low, then obviously the trade needs to be closed. 

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