mpjoe_

My bias on XAUUSD

Long
mpjoe_ Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Having watched this rentable commodity for weeks now, I have my bias formed on a long as the price has been hiting the suport line and not being able to go further down. Also the news regarding Iran and US tensions are playing a major role on this XAUUSD, as the USD shorts due to investors fear of their capital... I hope for this following week a long on gold on a W1,D1 and H4s Timeframes. Use a only 1% of your account balance for a good risk management, and remember to protect your capital when in Profit. Good Luck traders. Enjoy the rest of the Saturday.
Comment:
Fell free to Apeal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.