XAU/USD - Long Bias

Forex101

Forex101.com.au Reprentative
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So I thought I'd post an update on my take on GOLD. Price has been in a clean and steady uptrend for a while now and I'm looking to continue this uptrend play on the metal. Currently, I'm waiting for a break out on the daily above the minor 1562 resistance and then looking for the next 'minor' resistance at 1675 for my first TP level than 1780 for the next. Again, this is a long term play on GOLD so I'm not expecting this to reach the second TP till possibly mid-year or even longer.

What's everyone else's thoughts on gold? Would love to hear them!
 

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