RealTraderRaff

XAUUSD Long Trade - 08/06/2020

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has broken through several major support levels and the better then expected employment news from US has driven it to an over sold area. Considering the economic and geopolitical issues in the US and around the world and the current technical levels, I expect Gold to start a rally to the upside this week.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.