rigorocks

XAUUSD Detailed video analysis

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
I do my best to give you guys the bull and bear scenarios for this asset. we need to lay out both scenarios to make an educated trade so i use elliot wave, fib retracements and extensions to try to figure this thing out.

Gold being a potentially big player as the us dollar becomes less relevant on the world stage moving forward. Definitely one to watch as the us economic data begins to look bearish. Add in a nasty yield curve inversion. investors are slowly allocating more to gold, should you?
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