pipstrading
Long

Mid term BULLISH on GOLD to 1386, or even 1590

FX_IDC:XAUUSD   GOLD / US DOLLAR
60 0 1
Gold             has been performing good since late last year.

On W chart, it has nicely broken the downward trend line. However, please dont long first. short term gold             may drop and retest the upper bound for the downward trend line before an other soar. $1200 and $1150 are attractive price to buy.
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