Goldlongterm
Are we having another seasonal bounce up soon??As you may know or not, Gold use to have a seasonal drop Nov-Dec then to bounce up Jan-Feb.
Look at the chart and you will see how many times that happened, i am not saying it will happen now again, but there is a big possibility for that. I personally think it may have another drop before we can see a bounce up. In both case i am only looking for buy setups on the daily and 4H.
Gold XAU: Finally Breaking Free!Gold clearly broke out to the upside this week. It had done so before, but a retracement back into the Moving Averages (Balance Zone) was always the result. Now we have this market long on all timeframes the trendtrader wants to buy this on. Let it run now.
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