LONG ON XAU/USD GOLD

The market is about to open soon and I just want to let everyone know that GOLD looks REALLY good and READY to get back to a previous high resistance area of $2050

If price breaks above $1967 then we can easily get to 2005 which is a $38 move...
micro lot 0.01 = $38
mini lot 0.10 = $380
standard lot 1.00 = $3800

If price breaks above 2005 then we can easily get to 2050 which from 2005 is a $45 move
micro lot 0.01 = $45
mini lot 0.10 = $450
standard lot 1.00 = $4500

If price goes from where it is now at 1958 all the way to 2050 this will be a $92 move all together
micro lot 0.01 = $92
mini lot 0.10 = $920
standard lot 1.00 = $9200


Technicals:
- On the daily price has bounced of the 61.8 fib level
- Price has broken out of consolidation at 1944 and has continued moving higher
- Golden cross also forming on daily timeframe.