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Why I’m buy gold following US rate hike: O’Hare
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why is trading gold after the US Federal Reserve raised interest rates.
He is setting longs at current levels ($1,226/oz) and on dip to $1,220/oz. The stop is below $1,210/oz and his targets are $1,248/oz and $1,264/oz.
O'Hare features technical analysis of a selected trade every Thursday on Trading Floor.
02:03 minutes
Tags: buying, gold, saxotrader, saxotradergo, steve ohare first 4 trading, trade idea, tradingfloor.com
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