MyFxPicks

XAUUSD Pregnant With Impulsive Move Up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD has been falling steadily over the past few weeks with sellers enjoying steady non-erratic daily gains. The reluctance of the pair, however, to extend the bearish bias decisively may indicate a possible bullish pregnancy.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.