|XAUUSD| Potential Correction Before Long Continuation

2020년 7월 12일

|XAUUSD| Potential Correction Before Long Continuation

Good Start Of The Week,
Hello traders, Well after almost a month of strong long continuation in #GOLD now is a time of a correction
If u follow all my #GOLD ideas u will notice that we make more than 2 000 pips with different entries.
#Gold is really profitable the hard part is to detect a nice entry area. Since price now close #Higher than 2011-2012
All-time highs. Is really clear that the price continues growing.
Experts of different banks such us #Goldman_Sachs or #JP_Morgan believe that #Gold could go to 1900$ even 1950$
Now is important to have a clear idea of what is going on with #GOLD and what is influencing this #Commoditie.
Look near at fundamentals and also the constant recovery in all markets would suppose an earlier drop but the price is strongly
bullish we can assume that is due to uncertainty.
I will expect some correction at the actual price then If the second COVID-19 wave continues price most probably could go to all-time highs.
Entry:
1748
Targets:
1825
1850
1875
1900
1925 (All-time High)
1950 (New All-time High)

Past Gold Ideas: