WillSebastian

XAUUSD.. What Not To Do Wrong

OANDA:XAUUSD   Gold Spot / U.S. Dollar
We previously looked long on XAUUSD.

You then had opportunity to Long X2. We are now Returning to these areas again and its decision time!

Its always a good idea to base your decision PURELY on what works. Sure, it's great if you can name what has happened but if you can make a justifiable inference based on the current price then its a little preferable...

Im talking about patterns and breakouts. things you only can confirm AFTER they have happened..

So if the price starts to fall UNDER the previous low.. Are you going to sell the lows? OR simply hold off and get long when you get a good deal...

The choice, simply, is yours!

PS. Any longs now must be Light and out FAST as we may expect a fall to 1570 maybe not now but sooner.

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Posts Not financial advice.
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