WillSebastian

XAUUSD In 2024; Long Or Short (Or Both)?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey traders,

After the recent rally on gold to new ATH's, we can judge what to do on falls to early support, or rises to former resistance.

Eyes are now on the FED as we approach inflation data and other key news. Some hints have already come, but 2024 is set to be a year of changes.

Watch for more.
Comment:
Longs circa 2012
Comment:
Looking long as we approach 2015
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Lock in gains.
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Re shorts much higher.
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*light re shorts.
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Exit for intraday gains short.
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Looking short @ 2056.
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Still looking re-short same area^
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Looking short on 5m Reaction.
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Lock in short gains. Longs much lower.
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Entries ideal 2010.
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No further until far lower (if you end up there).
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Light shorts.
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Lock in gains.

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