XAUUSD (Gold) Long Idea
You can see my point of view on gold on the chart. I already bought a small amount of gold and I'm waiting for a rebound from red trendline to 1295. On the other hand if price goes beneath red trendline I'll buy more from 1265. Guys, I don't use stoplosses with gold, so be careful with amount of money. Anyway, as far as I expect gold will rise in august, so I'm going to hold long to 1295. There is a zone of uncertainty from 1295 to 1307. After passing 1307 I'll buy till 1350.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.