Mihai_Iacob

Gold- On its way to my 1950 target

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I said yesterday, after 2 weeks of a very frustrating choppy market, Gold seems to made up its mind and will break consolidation.
Yesterday we had this break, and last night Gold also has broken above 1900 figure.
At this point, bulls are in control and the road is pretty clear to 1950 resistance.
Bids come into place at 1900 and slightly under and dips in that zone should be bought.
Only Gold back in the previous range would delay this bullish scenario

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