cursed
Long

[XAU/USD] Long It!!! just before possible reversal zone

FX:XAUUSD   Gold Spot / U.S. Dollar

Honestly, I was holding short position at $1,505(and managed to get out at break even), as I was agree with this idea:
(and of course 1,510.89 might be the end of the 5th wave, so it was right action)

But things are changed when US stock market and DXY are shaked
People were just panicked, that anxiety made people run into gold .



So, we just break up the parallel, and if it pull bank, we can enter long




Minimum target is $1,560+
There are lots of meaningfull fib level in 1,570-1,580 area

PLUS
There are strong wall in that area

GL

Comments

1525 highest i can see near term then big fall....
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cursed LetsBeMillionaire
@LetsBeMillionaire, I really want to see "big fall" to buy actual gold(not paper gold) at lower price :)
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