QuanYi
Long

Gold Mid Term Buy Opportunity

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey guys, been some time since i posted... again. Here presents a good buy opportunity on GOLD             . First, we see a wedge breakout at the 1160s followed by the rally to the 1190s. Then we had a doji that spelled the end of the initial rally. Then as the buyers started tiring out, we witnessed a beautiful spinning top with outstandingly high volume . This signals a cue to long the pair as it shows the buyers are ready to go again. I would expect prices to head to 1220 in the Medium Term.

Comments and advice are greatly appreciated. This is purely my opinion on XAUUSD            
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