Unwound this long position around 777 earlier due to fear when spot gold broke below 1074. Regretting it now.- Last 808. [Spot 1100. EUR/USD 1.3610.]
- Just gone long again. Triangle breakout on upside on weekly chart. Objective is 856.
- Nearby is very significant all time high at 812. Will be very good technically if we break this impulsively.
- My first trade of the Year of the Tiger (thin holiday markets notwithstanding).
15 February 2010
XAU/EUR : Re-established long @ 808
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