Technical Anlaysis
Great opportunity to get some optimum positions for gold 0.08% longs, with minimum draw-down and substantially high reward.
Looks like a compression range is beginning to emerge in the daily, lots of volatility with the uncertainty with Iran. Looking to minimise my risk and enter around the 1306 level, with stops safely placed at the key 1300 S/R and psychological level.
Great opportunity to get some optimum positions for gold 0.08% longs, with minimum draw-down and substantially high reward.
Looks like a compression range is beginning to emerge in the daily, lots of volatility with the uncertainty with Iran. Looking to minimise my risk and enter around the 1306 level, with stops safely placed at the key 1300 S/R and psychological level.