Mihai_Iacob

Gold- to resume its uptrend?

做多
OANDA:XAUUSD   黄金现货/美元

After the spectacular rise from the end of last year that brought the price of Gold over 1600 dollars per ounce, the yellow metal has corrected to the area of ​​the former maximum, now becoming support at 1530-1550 zone.
I think this correction is over and Gold will resume its uptrend, a retest of the 1600s being very likely.

Strategy:
Buy dips above 1540
SL under 1535
TR 1600 zone

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