Gold has reached a level where the price cannot decide whether it should follow the bullish or bearish trend. My idea is, it will get out of the big bearish move and continue with the bullish movement but still, it can be a risky position, keeping your stop loss close should be your strategy before opening a long position. You can eider take profit at major resistance 1900 level or wait for a breakout and expect 1950..
Trade geschlossen: Ziel wurde erreicht