Eddied01

Gold medium term view

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
an impulsive break above 1272 is required to bolster this view.
next key level that would boost this view is a break and close above 1309
A daily close above 1322 should confirm this view with a target between 1390 & 1433


Below is a post I did indicating that gold could correct to the mid Dec 2017 levels as most major currencies did.

We have reached those levels and the stars are aligned now for gold to run up and the dollar to run down

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