Mihai_Iacob

Gold has broken above, now what?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I said in the past 2 days, I expect a break above consolidation, and yesterday, indeed, we had this break and a strong bull run.
At this point, the road to 1850 is pretty clear and we can reach this target by the end of the week.
Short term traders can search for opportunities to buy dips and only Gold under 1815-1817 zone would negate this scenario

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