XAUUSD: Nice base for a rally

I'm taking a small long position here and looking to add to it tomorrow.
The potential upside is quite good, with a target around the 1110.56 mark.
I'll update with my 2nd entry tomorrow.
Good luck if taking this trade.

Cheers,
Ivan Labrie.

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6 point move so far, looks good.

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Slow day with neutral US GDP reads, but overall, we're headed up. If today closes above 1071.46 I will add to longs.

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Uptrend confirmed, and interesting bullish news tonight.

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Stop held, expecting a push up today.

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Stopped, watching for more developments.

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Today was a nice move but didn't confirm an uptrend yet. I'll watch the next daily bar, might our entry cue.

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Gold, being the western world's enemy's asset, doesn't rally...Price action has been totally lackluster. Check Platinum out, it has a very strong uptrend. I gave my group a signal to go long at 866. It's also a nice one to trade as a pair with gold or silver.

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Turned up to be a shakeout...I missed the long but I won't miss the short (nor the short term uptrend continuation trades)
See updated idea:

IvanLabrie

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IvanLabrie

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