FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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SELL. THEN LOOK TO BUY AT SUPPORT (GREEN LINE)
What a sell and then buy opurtunity if it turns out the way u say. My thoughts are around the US Dollar and its strength. If the US Dollar weakens ( I believe it will ) Gold will be one of the safe havens and will strengthen. Either way it goes there will be $ to be made if the timing is right. Good luck
+1 Reply
DM_FX DarrenD
@Darrend Hello Darren, I highly agree with your statement. My current view of this instrument is long term bullish, but the market is currently putting in a corrective move. Which in turn will allow us to get long for the bigger picture move.
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