MidasTouchConsulting
Long

Gold - Buy the dip $1,262 - $1,290

FX:XAUUSD   Gold/U.S. Dollar
Gold             FX:XAUUSD             made a blow off top last Friday thanks to the Brexit panic. Now it should retrace/pullback at least 38%-50% of the move since 1st of June from $1,200 to $1,358. Overall Gold             is in a new bull-market and in a strong uptrend.
Therefore BUY THE DIPS. The next one should come in between $1,262 and $1,290...
Stop has to be below $1,232 - better below $1,200 if you can give that much room to breath.
Next Profit Target at least $1,375 but Gold             will run towards $1,500 in the next couple of months and you might be able to hold this position all the way through if you manage to get a good entry in the coming dip....

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