OANDA:XAUUSD has been trading in a very tight range over the past 2 day - which can be observed from the markings on my chart.
The Day Highs and Day Lows of the past 2 days have actually been roughly the same.
This makes the Previous Day High (PDH) and Previous Day Low (PDL) from today's perspective very good breakout levels - which I have marked on the...
Strong buying in GOLD since the last 24 hours. Go Long until target $2050.
Sentiment broken at $2000 for GOLD. This brings us to GOLD at a all time high.
Global economy looks bleak. Hedge away!
