The price of Gold very attractive...
I usually never actually hold trades after realizing a spike in price as this is most likely to be means for a pull back and why give back the money when you had it..
Understanding the fundamentals of a pair is crucial to your knowledge of what your doing with your money research is key .
On Wednesday, equity markets, and gold, rallied as Fed Chair Jerome Powell cooled future 75-basis point hike bets.
Heading into the weekend, XAU/USD is eyeing the highly anticipated US non-farm payrolls report. one could argue that an uptrend is in place since August. Prices are consolidating between falling resistance from March, and rising support from August. Until a breakout is achieved, Gold metal may continue consolidating in-between these key trendlines.
My trading account is relatively small so taking bigger risk's is out of the question until further notice..