IvanLabrie

XAUUSD: Could return to 1250 at least

Long
IvanLabrie Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
I think Gold's a long here again. Tight stop, be ready to add if we hold for two more days, and march higher.
Best of luck,

Ivan Labrie.
Comment:
Strong action in $XAUUSD We continue to hold our longs.
Comment:
Looking good.
Trade closed manually:
Closed here with 1.62R:


Also closed silver. Will reenter in a few days if valid.
Trade active:
Reentered gold at 1263.28.
I think gold bottomed for a good while, and we might see a monthly scale rally.
There's a chance to catch up to $BTC even.
Trade closed manually:
Sold again at 1291.7

Will rebuy dips.
Comment:

I'm in $GFI, a promising gold miner, also have physical positions -25% of capital from 1220-

Looks like $XAUUSD can break out and surge from here, odds are pretty big, considering all factors, and how it is accumulated.
Comment:

Broke out, this is huge...potentially.
Comment:
It was, and it is, huge...


We might consolidate here for 9-10 days.

Buying on dips.
Comment:
Ready to rally again, after a 9 day consolidation -which we anticipated correctly-.
Oversold readings in the daily are good here. Buy into strength.
Comment:

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