Forex Trading Strategies 9 : 900 Point Profit Trade Gold LONG XAUUSD

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  • Forex Trading Strategies 9 : 900 Point Profit Trade Gold LONG XAUUSD

Gold is looking interesting again. I think the fall on Gold is done, and its time for a 900 point rally to around $1820 or near abouts. 


We saw Gold retest the 1680 level in recent weeks, and the push back was pretty strong. I dont think we're going below this level just yet. Moreover we need strong fundamentals to push Gold down further, some action by the Fed such as Tapering would be great to take Gold down!


For now I'm going Long on Gold XAUUSD, with a target near $1820. 

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  • 05 Oct 21
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