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michaelk631
Sep 21, 2017 9:18 PM

XAU/USD Long Long

GOLD / U.S. DOLLARICE

Description

After a nice bullish rally to the upside gold has now decided to retrace...

Price is currently stuck at support at 1290 but I expect price to come ever so slightly lower towards my supply zone which is situated be between the 61.8% and 78.6% fib @1279.. I will wait for some bullish price action and a break of the counter trend line before placing any longs, MA's are still crossed to the upside for added confluence...

TP at the highs of the swing around 1350

thanks
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