Wave-Trader
Long

XAUUSD Dont miss this breakout

OANDA:XAUUSD   Gold Spot / U.S. Dollar
HI there,

XAUUSD is struggling for downside. It is setting up for breakout for upside. Watch for the breakout and look for buy on the breakout.

If we dont see breakout then look for buy at the bottom.

If correction gets bigger then expectations then we will reanalyse that pattern and will look for buy again. The longer term trade will be bullish on the Gold so bigger correction will not change the bullish reversal.

Good Luck

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Comments

Nah bruv its going down
+4 Reply
It can be interesting for you.
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Gold has no chance at the moment as long as the dollar is strong. Even in a weak stock market Gold is not shooting up because of the US $
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thanks for sharing. imo it depends on timing. in couple years GOLD has a good odd going upward. however, mid term wise (~couple months) the pressure is still there while USD is strong. I'd also watch US10Y US02Y also political development to make sure the odd is on the long.
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that's an interesting view, my view is slightly different :https://www.
will keep a close watch on that, thanks for sharing
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FXTM FXTM
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u expecting this breakout so soon?
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Hi i buy from bôttom 88x. Buy can't see the break trend for hold . How to see the break? Why? Help me pl
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hanks for sharing
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