Mihai_Iacob

Gold- Break above 2.2k?

Long
Mihai_Iacob Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday, XAUUSD tested 2.2k once more and is rolling back down.
As explained, the trend remains bullish and we could expect a rise above this important level.
However, although 2150 is the key level for the bullish trend, at this moment, we should watch closely the 2180 short-term trend line.
My strategy remains to buy dips as long as the 2180 zone is intact.
Comment:
Gold is well about 2.2k and close to making a new ATH

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