docibby

XAUUSD - above 50 MA again, but I wait.

FX:XAUUSD   Gold/U.S. Dollar
33 0 3
Chart looks bullish as long as price is in this top range. I would prefer to see a deeper correction in PRICE, or a base building range / double bottom etc. in TIME for a more sustainable uptrend. Entering now would mean I trade right in to the supply / sellers zone. For those of you that hold miners, please notice that GDX             is touching its 200 MA on the weekly chart.
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