How to trade GOLD?

HumairDawood Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hey guys,

Watch out for Gold to break out on either side. There are 3 possible scenarios I see with GOLD .

1) Reversal from the current point
2) Touches previous high and dives
3) Makes higher high and breaks out of the structure

Probably 2 sell and 1 buy opportunity coming soon.

Good luck!
Comment: Set your new targets to BUY gold.

Short term Target 1800 (1 week)
Medium-term Target 1850 (1-2 Weeks)
Long term Target 1950-2000 (3-6 weeks)

Gold luck!


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