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Hello traders,
Watch Gold (XAUUSD), have silently gained strength, confirmed breakout @ 1247
A rise in US interest rates may have been forgotten for a while?
Any long position should have stop-loss below key breakdown @ 1245, with
target to next resistance, like we're walking on the stairs with 1263 is the nearest target:
- Avg Daily Jump
- Area #1 and Area #2
- Max Daily Jump
- R.1 ~ R.2
- Meantime, keep monitoring to Market Sentiment.
Break level :
- Breakout 1247
- Breakdown below 1245
Btw, this is not trade recommendation, act wisely while in the market :)
Good luck,
Yohana