XAUUSD Bullish Trend for Gold Long

Gold/U.S. DollarFXCM

Description

⋅ Oct 11, 2016 3:37 PM

Just like Goldman Sachs adviced, BUY GOLD.

It hit lots of strong supports, as seen on the graph, and there is past structure that makes it hard to break that support and continue its downward movement from the past several sessions. Fib 0.6 and Over-sold market help as well.