SignalTradersUK
Long

XAUUSD - Bullish Reversal

FX:XAUUSD   Gold Spot / U.S. Dollar
524 4 0
After retracing a multi year wave up, we have now seemingly found a bottom around 1250.
The Bullish progress back up to 1400 has been impulsive, so all corrections should be bought into.
A close below 1350 now, will be our stop out point.
trend line is broken.. A retest of 1300 is imminent
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my point is, you could be right as much as you could be wrong. 50-50 probability. unless there is something you know that the rest of us don't.
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or let me look into my crystal ball and check whether it's the full moon... ;)
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Or this was a fib (1600-1200).
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