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jnthnsun
Sep 21, 2020 10:37 PM

XAUUSD NEXT RALLY FORECAST Long

Gold/U.S. DollarFXCM

Description

GOLD WAS SELLING OFF TODAY AS WE SAW DOLLAR IS GETTING VERY BULLISH.

HOWEVER, I SEE IN A DIFFERENT WAY.

LARGE INSITITUE IS MAKING RETAIL TRADER VERY PANIC SO THEY COULD BUY WHAT THEY NEED.

JUST LIKE I SAW ON THE CHART.

TOMORROW WE MAY SEE GOLD CONSOLIDATING BETWEEN 1931-1910, THIS IS WHERE THEY BUY THE STUFF FROM US.

SO I AM GOING TO TAKE A POSITION AROUND THIS AREA, AND WE MIGHT SEE GOLD PRICE GOING UP FROM 23RD,SEP,2020.

AIM 2018.

GOOD LUCK GUYS!

Comment

WE MIGHT SEE A VERY BORING MARKET BETWEEN 1931-1910, HOLD ON TO THE LONG POSITION AND BE PATIENT FOR THE NEXT RALLY.

Comment

I just entered my trade at 1900, stop loss below double bottom.

Comment

Hit SL
Comments
TheodoreNdenge
amazing analysis, thanks.
jnthnsun
@TheodoreNdenge, thank you!
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