Standby

Gold, Long till 1288-1290

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
4
After gold reached 75% retracement now time to go up (but just till limited time and prize). Risk-reward ratio actually quite good, (specially if you place long before ECB conference). SL place at 1239 and target is 1288-1290 might be happening tomorrow at NFP and than the Bear will come back next week. Definitely we will see triple bottom in the next two weeks and support might gonna break this time.
Long term is bearish so I;m looking forward to short at 1290 area.

TK
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