opentrader08

Gold above $2000 again

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders. Hope you are doing well

In my opinion Gold is in full consolidation phase and has upside presure with the 6 month trade review between US and China has been postpone.

I entered into a trade with a take profit at $2015 but i will be watching to see what the price does around the blue horizontal line. If the price passes there with ease then I will add another trade with the same take profit.

If not I will close my existing trade and then wait for another buying moment.

Best of luck out there!!!
Comment: target reached. both positions closed with profit @2015 USD

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