SondreNordvoll

Gold LONG! Hedge Fund probably goes to buy now!

Long
SAXO:XAUUSD   Gold Spot / U.S. Dollar
I belive gold will have a push upward soon! As you can see by market structure gold have broken it's 3 day flag as predicted and moved to test support but bounced off and broke the channel! I would now like to see a test of the channel and price to bounce more up as i belive hedge fund managers are scaling into gold positions now after posibly selling to compensate for prior losses in this down market!

However i'm not a financial advisor and if you want to follow this signal please do so at your own risk! Hope
Comment:
GOLD MOVING AS EXPECTED!
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