Wave-Trader

GOLD Watch bottom for long

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi there,

GOLD is still in the bullish trend for continuation.

How you can trade on this chart.

1. Watch bottom for price actin and look for buy and watch for the breakout and continuation for more upside. Bottom has not formed yet so price can get bit lower before rising. Dont get in too early get in after watching price action at bottom.

Or

2. Watch for the breakout and go long.

In case price breaks the trend line we will watch for the change the pattern and we will look for long again.

Good Luck
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