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XAUUSD: Could return to 1250 at least

Oleh IvanLabrie
Diupdate
I think Gold's a long here again. Tight stop, be ready to add if we hold for two more days, and march higher.
Best of luck,

Ivan Labrie.
Catatan
Strong action in XAUUSD cuplikan We continue to hold our longs.
Catatan
Looking good.
Trading ditutup secara manual
Closed here with 1.62R:

cuplikan

Also closed silver. Will reenter in a few days if valid.
Trade aktif
Reentered gold at 1263.28.
I think gold bottomed for a good while, and we might see a monthly scale rally.
There's a chance to catch up to BTC even.
Trading ditutup secara manual
Sold again at 1291.7

Will rebuy dips.
Catatan
cuplikan

I'm in GFI, a promising gold miner, also have physical positions -25% of capital from 1220-

Looks like XAUUSD can break out and surge from here, odds are pretty big, considering all factors, and how it is accumulated.
Catatan
cuplikan

Broke out, this is huge...potentially.
Catatan
It was, and it is, huge...

cuplikan

We might consolidate here for 9-10 days.

Buying on dips.
Catatan
Ready to rally again, after a 9 day consolidation -which we anticipated correctly-.
Oversold readings in the daily are good here. Buy into strength.
Catatan
cuplikan
Beyond Technical AnalysisChart PatternsGoldkeyhiddenlevelsrgmovtimeatmodeTrend AnalysisXAUUSD
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