LitCap-Vell

XAUUSD POTENTIAL BULL RUN?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This chart on the daily looks so juicy for a buy and as my confirmations line up i look at seeing if price will either go up to mitigate or fill imbalance, if it does so will we see a reversal happen or a change of strong direction?

Maybe, thats why we trade with a stop loss

However we cant ignore the fundamental factors going on right now within the eurozone and US China let alone Brexit.
I see a bullish run which may potentially be a swing trade. once i reach 50% on my fib zone that will be 100+ pips, I will take partials and move my stop loss into profit and again also at the green line labelled in the chart.
i go over my analysis in more detail in my video.
https://youtu.be/VGx7z8z7Alk
Lets see how this plays out with a low risk trade of no more than 2% of your account balance.

Every day is money day, secure the bag and stay blessed.


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