mr_mat_sa

XAUUSD Overbought?

mr_mat_sa Updated   
SAXO:XAUUSD   Gold Spot / U.S. Dollar
While the bulls still have the upper hand i do expect Gold to give us a bit of a pull back to ease on the rally that we had. I don't expect a trend reversal as we have been long Gold since February. Trading highs is very tricky you don't have to be too bias on your idea, checking news events will help in making final decision.
Comment:
Trade is moving, but be aware of FOMC minutes
Trade closed: target reached:
Closing manually

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