xauusd

Gold has been ranging in this channel for some time now. It finally got that push out of the channel, and now its in a pullback for a retest. A conservative entry would be above friday high, a more aggressive entry with a lower buy in price would be in the yellow zone for the fib levels 50=61.8. I'm going long up to 1760 and if we break and close above that, my longterm target will be 1800. Good luck this week!