mr_mat_sa

XAUUSD Ranging or What?

Long
SAXO:XAUUSD   Gold Spot / U.S. Dollar
With the start of the week we are down at least a 1000pips, does that mean we are oversold? well not exactly but the uncertainty in the market is usually good for catching some good trades. We are currently at the low of the bullish trend that's been going on. I'm really hoping for a retracement back to 2360 to at least correct for the 1000pip move we had.

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