UnknownUnicorn4614160

Xauusd Gold are we still bullish

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
gold made a massive move yesterday
whit the FED news and FOMC the short was obvious that it gonna happen but it was surprising how low it gone and whit that i guess it seeked all liquidity and stop losses there is and it pretty near the 50 percent level now of the bullish move that started two months ago so that a good discount so maybe we gonna see a turn from here the only think that im not sure of if is price not gonna do a kill move again and dip like 200pip and go back up in 1 day candle so be carfull
Comment:
liking this setup but it risky
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.