Possible long position here on XAU to watch carefully. This isn't as sure of a play as my scalp last week, because this analysis comes from low weekend volume. We can try it though , just keep in mind the H12 chart shows a bearish 9 right now. Short term gold fundamentals have lost some of their strength and certainty over the weekend.
Keep an eye on this to see if it gives us clues to validity. It shouldn't drop too much or I would stay away from it.
Good luck.
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target 2 hit, lets see if we trigger a bigger run here
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mm, nothing like waking up from a nap to some texts from happy clients and a few racks in your gold account. Hope everyone made some cash on my call :)
Now if you'll excuse me, I'm going to go get a vanilla bean whatever from Starbucks with a banana in it, flirt with the coffee girl, and probably take another nap.