BullBearMkt

I see gold rally above 1500 in a couple of months

Long
BullBearMkt Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Rally to 1500...Gold briefly touches the swing high created in February this year before the little pullback. A break above 1346 is imminent and this indicates more swing highs will be violated. A break above 1360 resistance will finally expose gold to the resistance at 1525 as shown in this chart.

After the initial break of 1360, gold will attempt to re-test this level (now support), if it holds, then 1525 is in view otherwise the precious metal will fall to test more support
Trade closed: target reached:
gold target reached, but it;s not time to sell...

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