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TradeHuntFx
Nov 14, 2016 11:00 PM

XAUUSD - Now for the retracement Long

Gold/U.S. DollarFXCM

Description

On Friday we traded the final leg move down in this 5 wave structure. We should now expect a retracement would could be signalled by the inverted head and shoulders forming. We are already in a BUY position and will look to add to it on a break and re trace of the neckline.

Comment

price is still consolidating around the next line..breakout imminent??
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