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Captain_Walker
May 29, 2016 11:44 AM

(W) XAUUSD - bullish Long

Gold/U.S. DollarFXCM

Description

My assessment at the moment is that Gold is likely to be bullish over the next few weeks. This is not a prediction; simply an expectation. Price has fallen back to a level of support. Price and time momentum on the weekly chart is favorable for a long. It could well go south. The markets are always right. Not me. This is NOT trading advice or a tip. Prediction is different to expectation in my system of analysis.

Comment

As I expected, so far based on my assessment. JTBC 'expectation' is not prediction.
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