XAU/USD Long Position Forming

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently bouncing off massive dynamic and horizontal support. Looking for long positions in the coming days and weeks.


look at past bounces from bottom. Everytime it has bounced almost 75%. your forecast still shows gradual up movement. I feel it will bounce real fast with little good news. market peak and in the verge to break down. it may be the catalyst for gold and silver spike up.
aidanhunt33 LetsBeMillionaire
@LetsBeMillionaire, That will be something to watch. Right now it is showing rejection of that horizontal and dynamic support. I won't be considering a short unless I see a break and close under that trend line.
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