Astrology Trading Method suggest Gold to hit $1,280 on 24th May 7:00 UTC and $1,326 on 6th September

Khit Wong Gann Explained

According to the Astrology Trading Theory explained earlier

The Gold has now secured its support created Moon Node goes Direct (finishes Retrograde) on 2017 May 19th 07:45 am SGT

Despite the prediction of Gold heading $1,280 on 24th May 7:00 UTC and $1,326 on 6th September might not come true after all, it comes an opportunity for us set tight (and efficient) stop loss BUT still expect a relatively large potential profit, hence creating a high reward to risk ratio.

We can safely Long the Gold here at $1,255, with stop loss set at $1,248, targeting $1,326, thus having a risk to reward ratio over 1:10.0+

Trineaspect.com and Khit Wong are not responsible for any profit or loss on actions taken on the comments shared in FXStreet.com. While the comments do not suggest nor imply in any way for any trade decisions for the readers, they are all for educational purposes.

Author

Khit Wong

Gann Explained

As a noted expert on FXStreet.com and in “Technical Analysis of Stocks & Commodities” and "Traders World," I specialize in applying W.D. Gann's complex theories to practical trading.

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