FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Looking at higher tf like monthly a weekly we see a strong uptrend so i a more bias on a long opportunity on a pullback to 1720 which i will long to 1800. 1750 still needs to break which i believe it will. There should be a lot of profit taking and orders filled in that region which will most likely bring gold down a bit for correction. I will look to short 1808.
Comment: still waiting for gold to come down test that bottom trend line. Knew 1760-1765 would bring it down.
Comment: still believe we will retrace to 1720 zone will attempt a short at 1753-1755 when market open.
Comment: Finally this buy triggered let’s see
Comment: currently risk free on this trade going to try and hold to above 1750 or breakeven