Phenlx
Long

Gold amid a Potential Reversal Zone!

FX:XAUUSD   Gold / U.S. Dollar
38 1 4
Following the analysis I made on my last sunday´s market preview (linked to this one) I am still flat in gold             and waiting for the next long entry. As soon as I see a trend reversal on lower time frame I will enter long.

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snapshot


Not forgetting to say, that last H4 candle closed with a bullish reversal at a trend resistance line. Might we get our reversal at this level? I will keep an eye on gold these days.
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