KBFX

GOLD 1M Outlook

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
As Gold continues to show its bullish run and possibly a continuation of its trend. high target may be achieved as long as price holds above 1263.00, Targets of 1300 , 1340.

For the month, it has come back down to Equilibrium to run any long stops, and is now finding its way to retest the high of 1360 before distributing down to the Monthly OB, which is 70% retracement before heading into key zones of 1400.

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