Gold - within the bands

Gold is in consolidation , and the bias is to the upside ( 30 MAV> 50 MAV) . Consider a long trade from BB 2 SD low to high.


1. Enter - around $ 1890 ( lower BB 2SD)

2. Stop - around $ 1855 ( outside BB 3SD)

3. Target - around $ 2020 ( upper BB 2SD)

4. RR = 3