AngusStewart

GOLD LONG AT MARKET

Long
AngusStewart Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
7
Most likely gold has held up better than silver due to ongoing tensions with North Korea and the ever present conflicts in the Middle East. June gold failed at $1300 two weeks ago but has only retreated to $1255 so far. Still lots of instability out there and it's my belief Gold is a great buy for 2017 no matter what the outcome of this short term trade.

I think this looks like a point to jump in with a long. Market has taken a hit but is still likely to push upwards from here. Nice R&R.

Trade closed: stop reached

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