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Kwamina3
Oct 2, 2018 10:43 PM

10/2/18 XAUUSD  Long

Gold/U.S. DollarFXCM

Description

The bullish movement / Impulse leg that started in Dec 2017 has been painted and we have officially painted a last kiss reversal pattern off the 78.6 Fib retracement level. Along with the DXY seeing a solid price action reject off a solid Daily resistance level along with a TL that lines up perfectly with it @ 95.65 region. This lines up perfectly so with the expected weakness of the dollar we should see gold bo bullish until the next resistance zone @ 1244.75 over the next few days.
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