XAUUSD Long
Updated
My thoughts on Gold.
Current PA is bullish. However, some supply has come into the market.
I expect this supply to push price back into the trading range (TR) where the bullish move will resume.
No defined target yet.
Current PA is bullish. However, some supply has come into the market.
I expect this supply to push price back into the trading range (TR) where the bullish move will resume.
No defined target yet.
Note
Price has played out just as I anticipated.I didn't take this trade though as i don't trade Gold, at least for now.
I only gave my analysis on this.
Note
Great run in the end. Will keep an eye on gold going forward.
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