The American strengthens, how would the gold react?

Thursday, 14/09/2017 | 13:24 GMT

Disclaimer

Larson&Holz analysts have agreed on the entry point for the quotation XAU/USD.

One of the main rules for a trader is not to trade on a fall of gold; one needs to find the entry point and earn on the growth of the price. At the present moment Larson&Holz analysts see the price of $1300 per troy ounce as the perfect entry point for gold. The risk is individual, but it is not recommended to risk with more than 2% of your deposit. We are aiming at breaking the recent maximum of $1355 per troy ounce in mid-term perspective.

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