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D_Market_Outlook

GOLD Daily chart showing strong bullish momentum!

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
D_Market_Outlook Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis Gold XAUUSD xauusdlong xauusdanalysis
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trendanalysis chartpattern beyondta gold xauusd xauusdlong xauusdanalysis
1. Price action bouncing off moving averages
2. Good higher high candles bouncing off structures
3. Rsi is moving upwards
4. Good risk reward
5. Triangle break out on the 4 hrly chart.
* Fundamentally I am expecting weaker USD thus more money moving into gold
Comment:
* NFP tonight so i will be reducing position size and buffering the stoploss lower to cater for bigger spreads and volatility.
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