LONG GOLD at 1782

Hi Folks:

Today I have a risky mood so I am following the channels and open longs at current levels.

Next support is at 1777 area more or less, so that would be the place for a SL (or partial hedge).

This idea is quite risky as fundamentals are against a high gold price at the moment, but worth to try with some small positions.

We are sitting right at the support trendline of the ascending channel (green trendline).


Cheers.

GOLD
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