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Gold, 11/02.2014 Daily Trade Setup

Gold jumped to a new 2014 high during Asian trading, On h4 chart ABCD pattern still in play, Today just we can do short term trade keep eye on 1290 for sell and 1275 for buy use stop loss 1296 for sell and 1269 for buy. 

On economic colander we have also Upcoming high impact news (testimony from Fed Chair Janet Yellen) in New York session, so don’t ignore it also and protect your account because any big spike can be happened.


Have a nice day, safe trading.




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