Mihai_Iacob

Gold to maintain its bullish momentul (1725-1730 in focus)

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OANDA:XAUUSD   黄金现货/美元
As I said since Monday, Gold is very bullish and since then the price gained more than 500 pips.
At this moment Gold is trading comfortably above 1700, but more importantly, above the important 1680 zone.
Technically we also have a break above the falling trend line started in March and a reversal to the long-term bullish trend is probable.
In my opinion dips around 1700 and slightly under should be bought and only a daily close under 1680 would put in question this bullish scenario

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