1101 XAUUSD: waiting for entry for 1350

FX:XAUUSD   Gold Spot / U.S. Dollar
The mouth of BB is getting wider and wider,
a strong rally up can be expected on weekly chart.
What is that supposed to mean on daily chart or 4h chart?
Meaning you should not miss any opportunity to long gold if
you see any correction happen on gold .

Gold could probably move inside the blue box.
Once a bull signal is confirmed, it will probably
test a higher position or rally up to surprise us .

Less is more!
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i wouldn't be surprised to see 1350 before the end of January. Fed has shifted to dovish and trade war negotiation is going well so far.
Also if the current SPX rally runs out of steam and head back south, gold will benefit tremendously.
@howard1127, Also if the current SPX rally runs out of steam and head back south, euro will benefit more tremendously.
What does "BB" mean?
CarbonMan CarbonMan
@CarbonMan, Aah Bollinger Band
+1 Reply
@CarbonMan, ha, smart boy!
+2 Reply
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