InsiderB

XAUUSD : Profit booking for Gold

FX_IDC:XAUUSD   Ouro/Dólar Americano
This is continuation of last post on XAUUSD. As expected Gold has risen up towards 1300 levels. We have mentioned earlier that 1150's will be buffer zone, as Gold went down till 1120's before getting bullish.

Thats a very good move we have caught on medium term from 1150's to 1300's , so its advisable to book part of your profits and there can be a pullback again towards 1260's depending on what happens at 1300's zone , I will do separate post on XAUUSD, once it reaches there.

Happy Trading !

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