Gold Spot / U.S. Dollar
Long
Updated

Gold Long Setup

1 700
XAUUSD has just landed on two major levels, the uptrend and Fibo level.

I expect Gold to reverse here and targets the upper trend of the triangle.

Cheers!



Note
A breakout of this downtrend will start the up move. snapshot
Note
Good to go. Cheers! snapshot
Note
It seems Gold just made wave 5 of C. I expect a bounce here.
snapshot
Note
By using Arithmetic Scale, Gold still shows respect to the uptrend.
snapshot

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