Gold going to 1168 - Week, 1500 - Year, 500 - later

Gold going to 1168 - Week, 1500 - Year, 500 - later

3 September 2015, 05:34
forexintel
1
125

Level 3 set up of fibo, moving averages and zz indicated a possibility of gold price reversing up to go towards 1168. The gold price was below the opening price of the month, week and the day. Also there was a low ZZ in H1 and smaller time frames. Hence took the chance of entering BUY order after closing the SELL orders at a profit. Now the account is at around $1200.

 

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