Buying Opportunity in XAU/USD - Bought @ $1744.68 Tue, Nov 29, 01:40am. Closed Out @ $1746.46 Tue, Nov 28, 10:27am +$171.00
Like Silver, Gold was sold off at the start of the NY session at the start of the week and declined to $1741.90 at midnight. As Silver started to reverse, it is possible gold will follow suit. This gives rise to the idea that Gold may had bottomed and may start to resume its climb.
TRADE IDEA
#! Bought @ $1744.68 - Tue, Nov 29, 01:40am. Closed Out @ $1746.46 Tue, Nov 28, 10:27am
Stop @ $1738.00
Target @ $1779.00