lakishnarayan

Gold Correction incoming?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
It seems like gold is about ready for a massive correction, my bets are to the upside, but it might be 1-2 weeks before we see the bullish impulsive price action, and potentially on the back of some High impact news?

I'm looking to take Gold about to the 1940s' Level.

I will probably enter a small position on the back of a strongly bullish weekly candle close with stops below previous fractal low.

Lets see what happens =)

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