CoreyM
Long

The gangster buy

FX_IDC:XAUUSD   GOLD / US DOLLAR
45 0 0
Gold             did a quick turn around knocking on the 5 year resistance line again but the bull case has still not been eradicated. Assuming this is a correction, I am looking to go long anywhere at the 61.8% fib retracement of the July candle to a potential flash crash point if it enters inside the pressure wedge (falling wedge) area and touches 6 month moving average . That should be very quickly bought and shoot gold             back above the 61.8% fib line, leaving you with alot of breathing room in case things go south. Good Luck
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