angela_altair

XAUUSD likely to head to 2038

Long
angela_altair Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
As mentioned in the last post, I was waiting for the price to hit 2016 level to go long. The price went lower from that level but quickly came back to 2016 level. The target for this long should be 2038.
Comment:
So the price has reached the resistance zone marked on the chart although it took a bit more than expected. The long shall be closed here and trade should be concluded. We wait for another setup for the next trade.

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