shahrhyl17

GOLD to go on a BULL run again?

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
From the chart, I believe GOLD will be consolidating on the hourly at the levels of 1600s++ and then to go on another BULL run. Perhaps a good Long entry here.
Ticks all boxes considering the 20MA and 200MA distance - with the 20MA seems to hold a strong support line. Also considering the Fibs level, it looks good to jump in the next couple of days. Let me know what you think. Again, wish you all the best of luck in your trades. Cheers!

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