Analysis: Gold was advancing to the upside since our last trade (27.04) and I am waiting for a price action for the price to hit my first target in the upcoming weeks. Once we can manage to clear the zone near the 1850$ level it will open the road to test the second target around the 1960$ level.Bad fundamental news from the worlds large economies or geopolitical/healthcare news can boost up the price momentum.
Trade from 27.04.2021 - ACTIVE
Trade: BUY
Entry: 1780$
1st target: 1850$
2nd target: 1950$
S/L: 1750