Alex.Singletary
Long

Intraday Trade Idea XAUUSD

FX:XAUUSD   Gold/U.S. Dollar
135 2 4
Likely see a short term bottom at this level. Feds Bullard mentioned only seeing one .25 hike in the next 2-3 years. All buyers have been stopped out/ broke even on their trades, and short sellers will begin to take profit. PERFECT MIX TO BUY HERE. Can trail lower, use stops and lot sizes accordingly, please :) Good luck
no fun to catch a falling knife.
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Alex.Singletary BernhardAnalytics
@BernhardAnalytics, oh yes I was out of this one rather quick as it did not stay above the mode price drawn. made roughly .3% so no worries
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