TRADESETUP

October 9, 2019

Gold is poised to make a run to new highs as trade tensions heat up

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New Buy Entry Alert SPOT GOLD

Time Frame : Daily

SPOT GOLD

Spot Gold is building as buyers show signs of holding price back above support around $1480. We are now happy to Buy on a push up through $1520.50 and hold the Stop Loss at $1485.00. If price pushes down through $1485.00 prior to entry, then cancel the alert and we will re-assess the action.

Commodity : Spot Gold

Current Price : 1505.05

New Buy Entry (Trigger Level) : 1520.50

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1485.00

Status : On watch for Buy Entry Trigger

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