SBSTOCKS
Long

XAUUSD intraday LONG @ Market

FX:XAUUSD   Gold Spot / U.S. Dollar
Good morning traders,
This is our view on Gold             for today Thursday 28 January 2015, from SBSTOCKS.COM trading room.
I'm so excited today as this is Thursday, usually we get very impulsive moves in the direction off previous trends on Thursday.
GOLD IN A NUTSHELL: The GOLD             XAUUSD             is trending UP for more than a week now, if you look at the chart, price action shows are very shallow corrections to the down side, however when news hits GOLD             gains very strong impulsive moves UP.
GOLD             is making a pattern of higher highs and higher lows which dictate a stronger uptrend.
Yesterday we had a strong move up, but today early morning the Asian session have pushed the GOLD             down in corrective pattern to the 76.4% Fibonacci area from the previous impulsive move UP, that might be considered as an interesting entry Signal.
Conclusion: Long Gold             for today for the next 5 to 10 hours
View our previous trees on Gold            
COMMENTS I'M VERY WELCOME
Trade closed: stop reached: Stopped, Good luck in the next trade.
Comment: Please follow the second entry
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