OANDA:XAUUSD   Gold Spot / U.S. Dollar
OK WE HAVE A DOUBLE BOTTOM ...WITH A FLOOR OF RESISTANCE THATS BEEN PROVING THROUGH OUT PRICE ACTION HISTORY..BUT A PERFECTED DOWN TREND..WHAT WILL GO ON WITH FINANCIAL INSTITUTIONS..WE HAVE TO WATCH OUT ON SENTIMENT ANALYSIS FOR THAT TO SEE HOW THE MARKET WILL BE AFFECTIVE OR EFFECTED...BEARS HAVE BEEN IN CONTROL IN THE LONG RUN A WHILE NOW HAVE THE TABLES TURNED I WON'T SAY IN CONTRADICTION TO MY CHART, I'VE BEEN WRONG COUNTLESS TIMES. LEVERAGE ACCORDING TO THE LIQUIDITY POOL THEN SET YOUR BUY OR SELL BASED ON A GREAT AMOUNT OF CERTAINTY. KNOW IF YOUR SHORT OR LONG AND YOU'LL BE FINE..MONITOR THE VOLUME THOUGH...THE MARKET WILL BE CRAZY....SOON LETS GET THIS BAG!!!

NOTICE I GAVE MORE THAN ONE SCENERIO TO KILL MY OWN CURIOUSITY BUT I GAVE THIS ANALYSIS TO SHOW WHAT I'LL BE MONITORING FOR, TO KNOW WHICH RESISTANCE AND SUPPORT WILL HOLD OR BE BROKEN IF THE FLOOR BREAKS..WE CAN DESCEND TO NOT SEEN LEVELS IN A GREAT DEAL OF TIME PAST WHAT I BEEN TRADING OLDER GENTLEMEN ADVICE SHALL BE HEEDED GOOD LUCK

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