Gold going to 500

Gold going to 500

31 August 2015, 14:15
forexintel
0
52

As i am expecting the gold price to close near the previous high of 1168, entered another BUY order with 0.1 lot size. I have kept the stop loss near previous week's low. Expect an upward spike for price reversal to reach around 1162 for the month's close. If it continues to go down, will wait for the price to come above the September month's opening price and enter a SELL. But, as of now, expect the price to go up to 1162. Please refer to my previous post for more details. https://www.mql5.com/en/blogs/post/647938

 

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