NasBaz

Gold accumulating?

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
in the previous post i mentioned that a dip lower would not be ruled out. its looking more of a likelihood that we could get a move down to shake out any early buyers and potential sellers. i still strongly believe gold will rebound, but anything is possible. should gold break the 1750's, id shift to a more bearish outlook to take out the march double bottom

Comments

Nice analysis man.
+1 Reply