IlyaGruntal

XAUUSD weekly whipsaw trade setup

FX:XAUUSD   Gold / U.S. Dollar
291 4 0
Wish me good luck :-)
good luck...but what is the reason for the movement you have shown?
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IlyaGruntal huseyin.karagozoglu.1
bears get stopped at 1335, so the price can retrace nicely, after that new bears are accumulated and the price rises again to show a nice and clear reversed h&s! after that everybody goes long and the price makes a new low to punish them.
After such a severe cleansing, it can rise freely on low volumes towards 1500.
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thanks
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Haha, it decided to go a little higher, but i'm ready for that :)
XAUUSD over weekend position
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