XAUUSD Long
Gold has broken and retested the long term counter trend line and has also been successfully respecting the trend line it has been following.
It has now found support at the 50% fib as well as the 50ma on the hourly chart. This is clearly suggesting with a lot of confluence that the price of gold is going to be looking for new highs. On the 15 min chart we are attempting 'W' breakout any minute now. Let me know your thoughts.
It has now found support at the 50% fib as well as the 50ma on the hourly chart. This is clearly suggesting with a lot of confluence that the price of gold is going to be looking for new highs. On the 15 min chart we are attempting 'W' breakout any minute now. Let me know your thoughts.
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