FXBen
Long

Gold Long to 1230

FX:XAUUSD   Gold Spot / U.S. Dollar
After the long term bearish trend gold             has ran out of selling pressure and formed some higher lows along with now breaking 1162 resistance. Providing the break is clean and gives a good retest entry opportunity this will be heading towards 1230
Where is that target based upon?
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FXBen Yahia.Awes
If you look at the chart you will see i have 1230 marked as a support/resistance point. This is a weekly level based on my top down analysis
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I have a bearflag target at 1218
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