XAUUSD, GOLD Opportunity!

GOLD / U.S. DOLLAR FX_IDC:XAUUSD


GOLD             has been on a rise lately however I don’t expect this to be a big bullish run for GOLD             , in other words I don’t think this run will take us to a peak higher than the peak we have made (1350+ area) this year. Now is a good time to buy as we have risen and retraced already so the next wave up can be anytime soon. I expect this wave to take us to 1250-1260 USD area. Where I see a retrace coming after which we should be looking to go up again. So I think this GOLD             bull cycle can go and test 1300 area but don’t see it passing 1320 USD barrier.

Good Luck, Traders! #moon #mooncommunity #turtlestyletrading 😉
Be a turtle my friend © Farhad Jafarov

By admin