VRShaiju

Gold most probable Swing trade

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has many swing both bearish and bullish. It's difficult to choose which one is the appropriate. My choice is to down side. Reason : Gold not only a safe heaven but also a commodity. It shows all characteristic of a commodity pair. If you are a bear Know your support and resistance well. It spike up during the time of consolidation. Spikes are quick money when trade gold down side.

Next 8 months, I consider as critical in gold market. Let's see how gold shapes up during the coming 8 months.


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