Long bull

buyy with 1000 SL, targets 1350, 1400

So far entry=1160

Komentarz:

added 1125

Komentarz:

1160 entry closed at breakeven, 1125 positions remain open with cautious sls at half positions in anticipation of more downside

Komentarz:

1125 long hedged at 1187 on forst touch, longs added from 1188.3 and 1188.5 on 13th January dip: probable backtest before finally transitioning higher( given the price action on 2h chart since december 20s, the most plausible explanation). Courtesy of @2lalit entries of Jan 13, 2017 are also based on jan 17, 2017 expected range change to the upside making 1188-1195 area medium to long term bottom given december 15th drop holds for at least the first quarter.

Komentarz:

Additionally: LT action suggests this to be an uptrend if 1100 floor is not violated concluding successful clearing of $1000 Gold/oz price level and $1100 Gold/oz price level, which also suggests next flooring will be 1225-1203 area before $1300-1325 Gold/oz is cleared. Possibility of 1280 to 1225-03 range drop or 1325-1337 to 1235-25 drop will be eyed when and if the time comes.

Komentarz:

Partial profits (50%) taken at 1342, Total time: 10 Months, Pips: 1342-1125=217
SL on remaining trades moved to 1298; Target 1400(initial) and 1487 (in extension)
Goodluck