Research on Gold (XAU)
I am looking to long Gold (XAU) yet again and I am looking for a clear break and close above $ 1352/ ounce level before I enter.
Please note: do not prematurely enter the trade before it reaches the $ 1352/ ounce level as the price can just as easily retrace back to the $ 1325/ ounce level.
The full trade summary is as follows...
Trade: Gold (XAU):
- Entry (Buy): $ 1352/ ounce
- Stop loss: $ 1332/ ounce
- Target price 1: $ 1380/ ounce
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