FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD TOUCHED WEEKLY FIB @ EXTENSION, PRICE DUE TO RETRACE THEN HEAD TO SECOND EXTENSION !!

GOLD HAS BEEN RANGING FOR THE PAST 3 WEEKS! FORMING A WEDGE ON THE DAILY POTENTIALLY PRICE COULD BREAK OUT IN BOTH DIRECTION HOWEVER I DO FAVOUR LONGS!

SET SELL STOP @ 1363 & BUY STOP 1449
Comment:
Take 50% profits & let the rest run set SL to Break Even

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