FUNTRADER-Vera

3011 XAUUSD: waiting for signal to long it later

Long
FX:XAUUSD   Gold Spot / U.S. Dollar

You can smell something is changing fundamentally after Fed Chairman Colin Powell ' speech this week.
Daily chart is now bull again.
Buyers and sellers both are having a hard week .
Now the daily trend is still up inside that channel while 4H chart is showing some bear sign.
We prefer to wait for a new entry signal to follow the daily trend to hunt more pips than a small correction.

Less is more!
Comment:

专注黄金和原油
Focusing on COMMODITY GOLD N OIL
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