FX.co ★ Gold Inching Higher. Just Shy Of 1,730.00 Level. Hold On To Long Positions

Technical Outlook and Chart Setups:

The bullish structure remains unchanged for now. The yellow metal has successfully pushed through the sloping trendline and just shy of our first measured upside target at 1,730.00 level. 1,715-17 levels should offer support for any intraday dips now. 1,700.00 followed by 1,685/90 levels are strong support levels while 1,730/50/75/95 are lined up resistances. It is recommended to continue buying intraday dips for now.

Trade Recommendations:

Hold long positions taken earlier. Stop at 1,680.00. Target Open.

Good Luck!