KarYong

Gold - Looking to buy together with the Big Boy

Panjang
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Non-commercial positioning from the commitment of traders report started to swing towards net long positioning recently.

Combining with a technical perspective, we are seeing a decent opportunity to long gold around 1223 area, targeting 1259 region.

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.

Penafian

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