XAUUSD update.
The metal is experiencing both depressed and explosive moments due to the fundamentals.. a kinder upward breakout from the consolidation is underway, but is that a real breakout ? and when can we step in. personally i am using 15m and 5m tf to trade gold with my own strategy. since there is a consolidation breakout, we are to enter the trade once it return back to the zone. looking at the bullish trendline, we can keep an eye for the pair to touch the trendline then go long to tp around 1960 zone. or we look for a break below the trend to go short. trade safe and always watch your back.... there is no 100% in this game.
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