Petaryot
Long

XAUUSD - Here come the bulls!

FX:XAUUSD   Gold Spot / U.S. Dollar
A lot of signs about a bull run about to begin. Gold             has been very strong for the past week, given the recent 7 day USD run. To explain the chart and sum of reasons:

-Trend support (red line)
-0.382 Daily (short term FIB support)
-0.764 Weekly (long term FBI support)
-RSI returning from oversold condition
-MACD has already bullish
-Stochastic oversold, still waiting for signs there

Safe and successful trading!
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