QGuo-Shane
Long

LONG - NEW STRATEGY UPGRADE

FX:XAUUSD   Gold Spot / U.S. Dollar
long position I have been waiting for few days:
1. no new low lower than 1671 level ( this level i used for wave 1)
2. On my waves analysis - it just started wave 5.
3. stand on strong support 1695
4. Bottom patterns built
5. on Fib 76.4 level that is last support level if not broken
6. RSI and MACD Divergance

So, pretty much reasons for a long.

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