PipGxd_

xauusd long (Update)

Long
PipGxd_ Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
looking for 1887 to break and hold on volume, i will take profits on 75% of my positions at my set taka profit level, will let one ride should the setups for i will re stack lots on way to 1900.
Comment:
as i stated last night xauusd is still enroute to 1900 level where i will be looking to close out my running positions and will be flat until i see a reason to continue going long or short. hope a few of you have eaten this nice RR move.
Comment:
1920 could be a resistance to gold hold longs until around this level, after this level is touched or close enough 1928 or so i would go flat and look for a break in volume higher or look for short retraces, i will post a short if i see one if it appears if not i will be flat until the presidential election results are in, think of it this way, many big players will want to go flat and pull their money from the markets causes big drops in equities as well as many asset classes, if trump is elected money will flow back into the market and continue to trend high, if Biden gets elected we are F***ed. :)
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