FX:XAUUSD   Gold Spot / U.S. Dollar
104 0 2
Gold             The yellow metal did as we were trying to fund in bullish and it rises also but the its sleeping after going near 1083 like emoticon
We think its the time to end this sleep on gold             . We are BULLISH .
We think from 1066-1068 A quick high potential rally will rise towards 1100 as in the shape or name of wave (Y3).
We are under the structure of either reaccumulations or distributions that I am trrying to figure out but the behavious so far looking completely bullish as per my calculative structure.
More it hang here , more bigger the rally is coming.
Ideall 1066 should protect the downside and will throw it up towards 1100 as round psychological level.
How ever the break below 1060 will hurt us and will be a question mark again here that we are going no where and still in range.
We did not left the view of 1000 number as long term plan but we will change views timely and also target.
We trade what we see and will prefer it upon what we think.
Trading recommendations:
We will look buying opportunities near 1066-1068 and will place stop below 1060 and initial target will be number 1100
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