TrategySherpa

Gold will increase due to geopolitical instability

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Geopolitical tensions in the Middle East are at risk of drag, along with the conflict in Ukraine and the US economy showing signs of decline through the recent PPI index, making XAU at risk of a sharp and long-term increase in the near future. next time
Coming up this week, the market will receive many important news from the Fed
US retail sales and some speeches by Fed officials.
Comment:
BUY XAU 2050 - 2043

TP1: 2060
TP2: 2070

SL: 2040
Comment:
running + 20 pips

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