The clear uptrend on Gold has been paying up.
Gold is almost likely to pullback for the week as it approaches temporary resistance, before it resumes higher. Stay on the buying side!
We have moved our stop for the first entry to break even, as it's never okay to give back to the market after winning. The second trade's entry area may get tested in the days to come, before the Gold to head higher.
Don't forget to watch the detailed market analysis from earlier this week here:
https://www.piptutor.com/forum/market-analysis/forex-trading-analysis-wb-5th-june-2017
All future analysis videos and posts as usual will be posted in our Market Analysis forum:
https://www.piptutor.com/forum/market-analysis
Note: all areas described in the video need to be coupled with sound entry confirmation methods.
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