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Moipone_Phakisi

GOLD LONG!

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Moipone_Phakisi  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Double Top or Bottom Flag
2
2
supplyanddemand doubletoporbottom flagpattern
W formation with a broken neckline followed by a pullback - Checked.

Pullback in a form of a bullish continuation pattern that has been broken and retested - Checked.

Price bouncing off a demand zone - Checked.

DXY is currently bearish (negative correlation observed) - Checked.

Let's go long on Gold.

All the best :)

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