XAUUSD Gold Intraday Overview September 6th

As we mentioned on our morning overview published before Europe Session XAUUSD Gold pulled back to 1135 USD but could not break below.

The current price of XAUUSD is 1337 and it is likely to test 1335 USD and 1333 USD again. If the price breaks 1333 USD, it will test 1.329 of MA Daily Support.

1.329 USD  can be a good level to enter a LONG trade with SL 1.306 targeting 1.345 and 1350 USD.

Traders who have enough margin can enter the LONG trade from the current level.

UPDATE: 

Hits the target at 1350 USD.  PROFIT: 130 PIPS

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