Finally, after unstoppable rise up the GOLD has retraced to the more reasonable levels. Right now we are trading right at the 50% Fibonacci retracement level and any weakness in USD will spark a huge buying interest in GOLD. My suggestion is to start accumulating GOLD at 1110-1130 levels. Place stop below 1100 (NB! use position management carefully) and a target at 1250.
If you are trading stokcs and ETFs, then buying DGP at 28.00-28.50 is a good bet. 1st Target 30.00-30.50 (I would personally exit 1/2 there and let the rest ride). Stop belwo 27.50.
