A Golden Opportunity, Part II! - GOLD (XAUUSD)

Hello Traders. Decision time for gold. You have seen from me several analysis on low timeframes, we have had decent success trading gold recently! Here’s an update to my long term view. We bounced within fib extensions nicely in our previous analysis (see below, click play) and hit our first target. Now gold show strength again. This daily candle is important. If we close above the last golden fib channel, we could see those targets get hit! Be careful :)

GL Traders

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dollarGoldTrend AnalysisXAUXAUUSD

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