MaeTheMultiplier

Just a little prediction i thought of.

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
I have a long bias, but based on the last 3 days ( Especially the SUPER side ways miners :'( ), I want to see a true extreme either way before I go all in. The chart basically speaks for itself but if you look at the dollar it looks like it's doing the same thing it did between 2-7 and 2-13 and could make another high before going down again. In my prediction that pushes gold down to a lower extreme which causes a bear trap which will capitulate it back up and bring momentum back to the price.

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