62% Fibonacci Retracement In Play For GOLD

At press time, it looks like US equities are in for a strong open. For GOLD, that means prices are bearing down on a key technical area:

Daily 62% Fibonacci Retracement, 1951.66

Here's the trade:
1) Buy 1952.50
2) Stop Loss @ 1948.25
3) 1:2 Profit Target, 1961.00

Ideal timing for this GOLD long is just ahead of today's Wall Street close.