chillipowered

xauusd hunting opportunity

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The 1240-1260 zone for gold has proven to be a very volatile area price wise recently. With price consolidating on the 15m chart around the 1250 I feel it is only a short matter of time before price moves $10 to either the 60 high or 40 low. Keep on eye on your entry signals and you could snap up a $1000 move in a half a day if you time it carefully and get a good entry. Worth keeping a close eye on at the moment, but no signal as yet imo.
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.