ZeeAxis

XAUUSD continues its uptrend?

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Yesterdays down move seems to have been a temporary sell off. This type of activity can easily confuse traders, forcing them to either exit their long positions, or sell short. The problem with this, is that NO LOW PIVOTS HAVE BEEN TAKEN OUT - implies the trend is still UP, until a signal says otherwise. Those who have been following LONG from 1500, hold, those looking for a long entry, currently have an opportunity to enter now. Good luck!
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