prathib99

Long Opportunities on XAUUSD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently waiting for price to make a move to the upside after less than expected CPI numbers last night. Fundamentally the metal should push up in value whilst taking out this 1830 barrier we have been looking at for half of last year. Price now is in a very delicate situation and i am only looking a long positions for now as market structure is still bullish, contrary of my past analysis. Price has now completely ignored our TL analysis, so im expecting now price action though our next range.Ill be monitoring price at these levels and waiting for my high probability trade setup. Will keep everyone updated on when my entry is but as you can see from my ghost candles and position prediction i need a few good confirmations as i don't want to be impatient and get myself involved in a fakeout.
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