Mihai_Iacob

Gold- upside continuation is probable

Long
OANDA:XAUUSD   Oro / Dollaro
Yesterday, after a local high above 1820, Gold has started to correct and has dropped to 1807 local support.
Bulls took control afterwards and XauUsd is trading at 1815 at this moment.
I expect continuation to the upside and 1830 resistance could be short term traders target.
A break above 1830 would expose 1900 in the medium term.
My preferred strategy remains to buy dips as long as Gold stays above 1790

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