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yin888
May 21, 2018 6:17 PM

XAUUSD: Momentum is key 

Gold/U.S. DollarFXCM

Description

Trade the true breakout... Everyone loves a cheap price to buy Gold at but do not FOMO on the long/short train on Gold

Comment

Price forms lower lows but RSI forms higher lows. A fakeout as seen on H4. Trade the momentum like I've mentioned..

Comment

And.. the momenum is bullish! 1325 should be in sight given current fundamentals regarding trade wars, Trump & Kim, etc. align with technicals.
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