XAUUSD: Gold's retracement ended

I think we have very good chances to see an immediate rally off the lows here. I've added my final entry to longs in gold futures today, and I will be monitoring it, and rolling over to the next contract if required, as long as we continue the monthly rally. I also have positions in $GDXJ right now. Overall, I see these as a hedge, but I'm open to ride the uptrend in gold in a more speculative manner with futures as well.

Best of luck,

Ivan Labrie.

Trade wurde manuell geschlossen:

I'm out since the move failed to sustain itself after ADP news...maybe a bs move before a lower low. I'll wait one week to reasess.

Trade ist aktiv:

Bought back today, after the shakeout post NFP.

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