rasindu2003

GOLD has 3 scenarios

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
in here gold need to reach 2009/10 level first.then we are creating a good game plan for gold because the trading plan is important to the day trading. Let's begin:

1.In here i expect gold hit 2009/10 and do a big down with a high volume.the correction which is bigger than the move will move the pair down and turn bullish to bearish.
this is my wrost case one because i am a buyer until the war will have done

2.If price able to breaks the level with good inefficiency we do long but we have to wait for the breakout first

3.best scenario is this part because i have already told according to the WAR commodity and the US index will be moving to the same side .it can be happen and you can see it.so if reaches that level then do a decent correction we do long till 2020/2025 level

that is my plan on gold
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