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Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    GOLD looks like a short term safe haven trade as equity traders’ panic sell at the start of the New Year in the wake of geopolitically tensions and uncertainty about global growth prospects. Long term price remains bearish. My strategy is to go long for the following short term targets: 1st target $1118.00, 2nd target $1140 before we see a retest of $1046. Summary, XAUUSD (GOLD) for the short term trader supports buy positions for price targets $1118.00 and $1140.00. Short positions are

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