BernhardAnalytics

Bear trap become support

OANDA:XAUUSD   Gold Spot / U.S. Dollar
8
Bear trap become support.
current support: 1245 to 1247.
reduce long positioin if price stay below 1244.
I went long from 1123 and 1195, 1203.5. not worrying too much.
I believe gold is a long term long.
Comment:
I am very stubbon, just didnt want to short gold.
and I still believe gold is a long term long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.