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welbeck_joshua

TWO WAY APPROACH ON GOLD (XAUUSD)

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
welbeck_joshua  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators smurfvillagefx smurfvillage themanofsteel ogablackman
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trendanalysis chartpattern indicator smurfvillagefx smurfvillage themanofsteel ogablackman
Gold has broken a major trend line on the Daily Time Frame:
We look forward for a retest of the Trend line or price moving to the Demand Zone around 1860 and 1850. Price has a tendency to fall all the way to 1726.

Look also for a buy after the Retest of the Demand Zone stated above.
Hence we trade both ways; Going forward.

Thank you very much.
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