LONG:Gold Buying & Central Banks’

2019-11-28 15:12:25

As we can see in the Daily chart, XAU/USD should stat to rebound from support . In this case, the price may resume trading upwards to reach our target,

Meanwhile Serbia’s central bank bought 9 tons of gold, following in the footsteps of many other central banks that have been adding to their gold reserves recently, including Russia, Hungary, and Poland.

Signal Specification
Pair:XAU/USD
Entry Type:LONG
Entry: 1446.15
Tp: 1555.66
Sl: 1400.67
R/R:2.41
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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Roy McBruckes are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
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