GOLD RETURN TO THE HIGHS - LONGWith the TVC:DXY DXY giving us a pullback before the weekend and the FOMC meetings this week ahead, with no doubt more bond-buying ahead, there is potential for FOREXCOM:XAUUSD to retry for the DIZZY highs of $2,000, but we have a few resistance levels ahead first and some opportunity to take some excellent profits ahead.
Important to watch the market open on Monday morning for that every important support area at 1870, we already had a little bounce at the end of Friday trading, but let's see what happens with volume if it holds stop loss below the pin bar and an entry with the first target at 2% then t2 at 4% and we'll plan to let the last bit ride up to 6%.
If we break that 1870 support area, we'll be looking for an entry at around 1845, Gold is not bearish - WE ARE BULLISH GOLD, TRADE WITH TREND
