Gold

14 May 2015, 10:19
Yaser Sabbaghi
0
170

The best area to buy is 1195.15 ( Supply Zone ) with lowest Risk/Rewards.

It is also possible to go long at 1202.5 in 61.8 % of Fibonacci with medium Risk/Rewards.

1209 is another support area and possible point to go Long but personally I don't do such this trade due to high Risk/Reward.

In case of confirmed 1217 breakout, we would have another scenario.


Chart XAUUSD, H4, 2015.05.14 08:10 UTC, FX Central Clearing Ltd., MetaTrader 4, Demo
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