Gold - 240 - Wait for it

Trade idea.

Yesterday we had a nice slide in equities and the whole risk environment switched to a risk-off mode. Gold buyers took advantage of the situation and pushed the safe-have up.
For now, we will keep a close eye on the highlighted areas, before examining a further directional move.

Please see the chart for levels and targets.

Don't forget your stop-loss.

Kommentar:

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