MrGeorgeFX

XAU/USD - Forecast

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello People,
- from yesterdays rally to the downside we are expecting a pull back today of some kind, As you can see price has made a new LH and HH, We are hoping this trade will form an "M" Shape, Create a double bottom , then rocket to the upside following the orange line back to zone, they always say, trade the 2nd leg of the
"M" & "W" so I will trading this pair back down to the double bottom , with a TP just short of zone then going LONG back to higher zone. I will keep you guys updated on this idea!

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