GOLD - Range and divergencies

Long

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

I will try a long trade in gold based on the TSI, RSI divergencies and the possible range - what's forming right now.
I might be holding these longs only for a few hours.

Comment:

We broke below 1180$ for a few minutes right after the GDP report, but the priced bounced immediately

Comment:

snapshot

Comment:

I think we are going to have a short squeeze in the next hours.

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