ALI71

XAU/USD MONTHLY

Long
ALI71 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD I'm seeing the following scenario. Please note that it`s my own point of view not a signal
Comment:
I think that GOLD/USD is very likely to take the top of last year before talking about any decline. Gold is very sensitive to global and political events that are changing overnight in current times. any way, I will book some profits and move my stops to break even, and wait if the following technical pattern is to be completed.
Comment:
Gold/US Dollar. My target was hit successfully. I think there could be two opposite scenarios. Everything will depend on the controversial political events taking place in Europe at present times.

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