jashjacob

GOLD BACK IN OUR ACCUMULATION ZONE

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Since the last two months, GOLD has seen tremendous movement in both sides.

Few trading sessions back, I had posted to hold LONG positions has the GOLD was hovering around our Bearish Zone.

We have seen a RSI Trend reversal and the GOLD has recovered quite a bit as the market is consoldating (which has been the mood in the last few weeks).
Comment: Breakout on 9th October!
Comment: GOLD is up! Entered our accumulation zone.

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