It's a long, I trade what I see.

Aktualisiert
After a bounce from the trendline, we have more reasons for a Gold0.22% long. Three routes are possible in my eyes.
I'm not sure if there will be another downward run, but the market is waving a clear bull flag, which i will trade.
trade with care!
Anmerkung
What happened recently remind me that last time when FED implied no hike in March, commodities and currencies go crazily against USD and Gold creeped higher, I am expecting it will repeat, even just a it.
Anmerkung
will look for a buy at 1245 level.
Anmerkung
Closed 1 lot long position at 1262.
Anmerkung
Quite possibly it's a short against the downward trendline, I will close the rest position when it revisit 1263 and open small position short.

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