tobylettman
Long

XAUUSD - LONG

FX:XAUUSD   Gold/U.S. Dollar
421 0 3
XAUUSD             - LONG

XAUUSD             - LONG, DUE TO IT BEING IN A FALLING WEDGE WHICH SHOWS A PROBABLE MOVE TO THE UPSIDE. A FIRM BASE HAS FORMED ON THE "D" CORRECTIVE ELIOTT WAVE ANALYSIS.
A MORNING STAR HAS FORMED ON THE DAILY TIMEFRAME WHICH SHOWS A STRONG REVERSAL IN THE MARKET, FROM A PREVIOUS BEAR MARKET. BULLS HAVE BEEN STEPPING IN 1215.00. THE 3 BULLISH BARS SOLIDIFIES MY BIAS THINKING XAUUSD             TO THE UPSIDE.
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