View On XAU/USD (13 May 2019)
First: You can go read my previous analysis if you want.
Background: Gold is currently in the grind UP condition and it shall inch further up slowly.
The keywords are "grind' and slow. You can time them well.
It shall revisit our old (TP1) of $1,288 again. Nonetheless, it might eventually rise again toward $1,298 region (TP2).
Target(s): Neutral
1289.4 (TP1)
1299.4 (TP2)
1314.6 (TP3)
SHTF: It will use $1,258 as strong support. You either hedge it or your SL have to be way lower than the level.
DYODD, all the best and read the disclaimer too.
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Thank You!
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