chartwatchers

GOLD - Buying at previous support

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
60
As we are entering into the support area I'm buying gold here.
I'm not sure we can tag the channel's bottom.
All the daily ,4hrs and hourly charts are oversold enough to have the next bounce.
I will be adding if we break out of the channel.
Comment:
Miners are not following gold's decline today.
We might be printing the DCL today
Comment:
I started to use our favourite troll's post as an entry point.
WHen he is the most convinced that we are going below 1000$ I buy.
This time I bought heavily at 1297.
Comment:
One could buy at the pullback:
test of the 10-20 EMA and 50% pullback of the last horly candle

Stop below today's low
Comment:
Comment:
We got a better entry than the 10 EMA and 20 EMA.

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