Mihai_Iacob

Gold- strong base under 1900

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Although I'm bearish on Gold for the medium term (I don't have an open position though) I can't ignore the fact that Gold held 1900 pretty well.
Considering my bearish outlook for DXY I think Gold can challenge 1930 top of the range in the next days.
On the other hand, a strong break down of 1900 would expose my medium-term target of 1850

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