FUNTRADER-Vera

0302 2/8 XAUUSD buyers can still make more money

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FX:XAUUSD   黃金現貨 / 美元
GOLD is making a uptrend wedge on its wave 5 now.
Usually a ascending wedge could be a bear signal thats why we have a potential support zone 1304-1313 for gold.
Its would easily for GOLD to gather bull power again on that position zone.
Now gold is under pressure of correction from the upper red reistance line. And after this correction which could happen next week, we will see gold challenge the top blue zone again.

LESS IS MORE!

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