MarcoPileggiFX

XAU Breaks ATH Dec 1st.... Further Rally Incoming!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
With Fridays break of the all time high, XAU rally is anticipated to be just getting started. After complying with the Fibonacci levels it has made it to new highs and the sky seems to be the limit...for now. A correction is eventually very likely but 2130 is in sights> Can we hit it in the coming week? Happy Trading to all and trade safe. Always remember to use stop losses BUT give the price a little room to breath so you don't get stopped out with a wick!
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