HadoukenSonicboom

Next Stop, 2000!

Long
HadoukenSonicboom Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So we secured profit on that last trade perfectly. Notice how price has flipped the resistance at 1970 into support.

There is a pool of resting liquidity above the new range which I believe the large entities in the market will be interested in.

Goldman Sachs have made it pretty clear they are targeting 2k.

Adjust the stop loss according to your risk sentiment but setting higher than what I have suggested is unadvisable as you will no longer have technical protection.
Trade closed: target reached:
Take half your profit and move SL to break even.
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