Don't forget GOlD is in a down trend

Hey Gold Traders. As you know XAU/USD is trending down. If it continues, we would see bottom at 1067 institutional resistance. If and very BIG IF, it breaks trend 1300 is possible. There is a lot of optimism in gold, myself included, but we must not ignore the data. Let us see what the Powers-That-Be decides.

Trade geschlossen: Ziel wurde erreicht