ProFX_Strategist

Further Upside expected

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
4
Gold has broken into a new high last Friday...

A bullish momentum has build-up from the consolidation process & finally breaking Gold out of it; now targeting 1300 imminently, & it will possibly try to move up higher from there on...

We should expect any dips to be a great buying opportunity for the market; when the sentiments will now turn into strong bullishness...

Trend is changed, we are buyers (no interest in selling)...

We would now be looking for the right time to buy & hold (when Gold finally turns into a longer-term buy & hold type of situation)...
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