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Pondag

LONG position

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Pondag Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
6
0
trendanalysis
Gold is still on a long-term uptrend.
Support line @1454.62 was tested and respected.
50% fib-line tested and price bounced off, looking to take-profit @1600(23.6%)
Comment:
Update: Take-Profit successfully reached @1600(23.6).
Bulls are still dominating the trend.
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