The Gold market had an impressive rally to close above the critical $1300 level last week.
Apparently there is more left in this move but I would wait for further strength to confirm that the rally is sustainable.
Through the 1310 level should be enough of a move up to warrant getting long for a significant push higher in the medium term.
Place a stop loss at 1274 and a profit target at 1363.
Apparently there is more left in this move but I would wait for further strength to confirm that the rally is sustainable.
Through the 1310 level should be enough of a move up to warrant getting long for a significant push higher in the medium term.
Place a stop loss at 1274 and a profit target at 1363.