charlieharvey

GOLD Long opportunity

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
My view on gold at the moment is that it will retrace to the trend line that has previously been respected twice and then rocket from there. 1466 is the region to watch for Long opportunities. Gold is cheap at the moment. 1600 expected by new years. Overall trend on daily is bullish.
1466 also sits perfectly on the 0.382 fib level retracement.
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