The fundamental reasons behind the Gold rise has not changed…so Buying the gold is still way to go. But where should you buy it ??? One has to be aware first of the time line that he/she trades it on.
Right now, it has approached the 2010.00 level, that might be used as good buying opportunity…not only because it is kind of cheap , but because there is a clear stop loss that can be executed.
Break above 2030.00 would signal another reason for trade…Keep your stops tight, and be modest when it comes to profit taking.