Forex Top Team

Entered a long position on GOLD (XAUUSD) at 1983.79.

Entered a long position on GOLD (XAUUSD) at 1983.79.

Stop loss set at 1968.00.

This trade is based on technical factors, as well as the decline in today’s US PPI. Buying GOLD seems favorable as it appears to be more prone to rebound.