FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Looking at gold(XAUUSD) there was a bullish false breakout from trend around the 6th of january that pushed XAUUSD from usual trend movements back up at about 1895 to 1960 and returned back to the bearish trend which meant and indicated that there will be further bearish movement and a perfect breakout to see a bigger upside, presently XAUUSD has formed a double bottom pattern which has led to the breaking out of the trend to the upside and also a retest of levels around 1760 based on price action which will lead to a massive bullish run to 1920 .. make sure you use proper risk/money management, like share and follow me for more analysis / ideas

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