TiborVrbovsky

How to trade Gold this week.

Long
TiborVrbovsky Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello, I am back after weekend with another Technical analysis, this time looking at Gold chart.

Gold is pushing to seek a new high, Gold has been very bullish lately and it has created a nice looking trading range that I am going to explain to you, how take take advantage of this range.

If you are looking to trade Gold, look for long position, as Gold is bullish and it would not be wise to against the trend.

How to trade current XAUUSD chart?
Simple, either buy the breakout or buy the bottom of this trading range 1793 - 1796.5 entry.

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Trade closed: target reached:
Target was hit!

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