RitchGBP

Gold on it's way to near term highs

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
June has been a choppy month for Gold to say the least - with many rallies failing to break through to any substantial levels. We've now broken through a well respected resistance level and tested once, potentially turning this into support. If we can hold this rally our fib retracement shows substantial upside gain, taking the price of Gold to our first target of 1765, followed by the 1818 zone.
Trade closed: target reached: Target 2 reached hitting 1818 precisely

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