GhostSquawk

Gold bouncing off support - #gold $xauusd #xauusd

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold market took a tumble on positive risk sentiment yesterday only to bounce at a key support level of 1895. As we speak, gold has already retraced back up into the 1925 level. With market condition as is and a weak dollar today, we feel that this a good opportunity to load up on some gold positions. Key levels to watch for to the upside can be found at 1930, 1937 and 1950.

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