PeNuel2020

HOLD A BUY ON GOLD ABOVE @1850

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.


CONFLUENCES:
CMP trading above last week's high
Price breaks out of multiday trendline resistance


I am now bullish on this yellow metal and we could see it take out previous highs @1890, @1900 and @1910.

NB: Nothing is permanent in this market. Stay very safe and observe risk and money management

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