Mihai_Iacob

Gold- Broke above yet another resistance

Lång
FXOPEN:XAUUSD   Guld / USA-dollar
In my last post about Gold I said that XauUsd is at a crossing road and a break above the confluence resistance could lead to a strong rise.
Indeed, Gold broke up and the rise was incredibly strong with more than 1k pips.
Yesterday the yellow metal broke yet another resistance and now is looks like it wants to try 1980 important level.
In conclusion, Gold is strongly bullish and dips should be bought with an ideal price around 1935 and a target to the up mentioned level

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