TomProTrader

#XAUUSD-Update: Strong Rally, Holding Into The Highs!

FX:XAUUSD   Gold Spot / U.S. Dollar
9
Traders,

Update: Has moved very well since I last posted this suggestion (See my related ideas) expecting some more solid upside here.

Rounded bottom/accumulation at the bottom of the range right at the previous support level. after a bearish impulse leg it's likely a correction will be seen to the highs. This could happen in the form of a corrective or impulse leg, either way it's a good opportunity to make some nice points.

I hope you have a tested trading strategy to take advantage of this move.
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