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UmarAbdurRehman
Apr 12, 2018 5:28 AM

Gold Medium Term idea Long

Gold/U.S. DollarFXCM

Description

Gold broke the downtrend line on monthlies and almost a retest to that few weeks ago, my call for long around 1322 till 1359 met the target yesterday, but still I see lot of potential in Gold to move higher, On dailies it had ABC correction and then a nice rally with some consolidation and finally reached the target, In my opinion the recent low looks like a multi year low now, I am looking to build a longer term position targeting 1550$ by the end of this year,
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