FreeForexSignals

Could the Gold Heist Continue?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we seen since the pandemic stocks have struggled to world lock down. So investors go for the safe heaven. One of them being Gold . So its been going to the moon.

The economy has slowly been recovering, however 1000's still losing their jobs. I think that gold rally will be over in the short term. But stock will struggle to recover, and with a chance of a 2nd wave could mean gold shooting up again. I will be looking for a little short then buying for the major key level on the retest.

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Trade active: Trade active
Trade closed: target reached: We hit TP1. 2nd position running SL at BE.