Amberdove

XAUUSD BUY GOLD AT THE BREAK OF THE NECKLINE

Long
Amberdove Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
We wait patiently for the break of the neckline on 1hr frame.
Should it break clearly and re-tests, there's a great opportunity to by for at least +80pips.

The breaking of the neckline shows a strong bullish strength,
retest or strong bullish engulfing proves a high probability that the bulls can hold the long position longer.
Therefore we wait for such.


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Comment:
Correction of target

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