Rayyan_2805

GOLD : Possible Small Up then Big Down

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
OANDA:XAUUSD Possible short term long position towards the trend line . Price has been moving above both 50 and 200 EMA indicating a long bias. Minor support line which price has bounced off of this time as well as at least twice before. The consolidation area has been highlighted in which price has been fluctuating within.