FXKillA

XAUUSD (High Probability BUY Setup)

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Here we can see clearly the formation of Double Bottom (W) on the M15 time frame. Baring in mind we using M15 time frame for a clearer view of our analysis, & this is a quick scalping move due to the fact the GOLD Market is overall Bearish & it's below 50D MA.
Keep a close eye on GOLD, world's no1 precious yellow metal.
Happy PIP hunting traders.

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