After making 4.5% gains in Gold with the previous Buy trade , what is the best approach to trade Gold now?
As I predicted, last week's correction gave us a buying opportunity in Gold and Bulls took the price higher from the buying zone I marked in my chart.
Currently, XAU/USD looks like the bulls have some power left to push the price towards 1745. I don't recommend anyone to buy now as I have already closed my buy trade but that doesn't mean Gold will not go up.
In fact, if Gold makes another correction, I will buy again with my target at the 1745 level.
As I predicted, last week's correction gave us a buying opportunity in Gold and Bulls took the price higher from the buying zone I marked in my chart.
In fact, if Gold makes another correction, I will buy again with my target at the 1745 level.
