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Bandarsq

Gold Long Setup

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Bandarsq Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Fibonacci Triangle Gold XAUUSD GC1! (Gold Futures) XAU Silver XAG USD ( Silver / US Dollar) XAG GDX
35
15
fibonacci triangle gold xauusd gc1! xau silver xagusd xag gdx
XAUUSD has just landed on two major levels, the uptrend and Fibo level.

I expect Gold to reverse here and targets the upper trend of the triangle.

Cheers!



Comment:
A breakout of this downtrend will start the up move.
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Comment:
Good to go. Cheers!
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Comment:
It seems Gold just made wave 5 of C. I expect a bounce here.
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Comment:
By using Arithmetic Scale, Gold still shows respect to the uptrend.
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It's never been a free market and will never be.
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