GOLD/ AUD - Time to BuyWell, the time has come to pick up some more of the yellow metal down under.
As you can see, the pullback i forecast has played out quite nicely and is now presenting us with a nice opportunity to participate in the potential subsequent move higher.
I would place a stop at a close below the Vol stops
Other than that, the price action and the macro environment is nothing but bullish for gold (and indeed silver).
- TradingEdge
