SonicDeejay

XAU/USD (Now $1,325 has become a good support)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Updated View On XAU/USD (Gold)

We had a nice break out of $1330 level and it points possible further upside.
But you need to aware there are still some chances for a pullback along the way as well.

If you do not want drawdown and you want to time the time well, you can try waiting for a long set up near $1325 region.



DYODD, all the best and read the disclaimer too.
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Thank You!



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The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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