As we can see, Gold performed so well in the last day trading.
The price went down to below the Major Support @1256, but in the end it closed above the Major Support which is also a 23.6% Fibonacci Retracement. Right now, the price is moving to the upper ground of the Bridge Area @1264 and also maintain to moving above this area. The Geopolitical situation is getting more intense, the North Korean started to threaten Guam and give a power for Gold to push to higher ground. From now we can see another opportunity to set Long Position in Gold. Right now I initiate a Long Position with Stop Loss under the 1250 area, and target around 1296.
Good luck and happy trading.
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Last time I posted this Idea.. I shared for open Long Buy Position in Gold at around 1264 to 1267.. I put my Stop Loss around 1250.. Right now, I moved my Stop Loss to profit area around 1272 to 1275.. Good luck for those who follow my trade.. Thanks and happy profit !!!