It will come down short term but look for buying opportunities. @goldminds I'm a troll
See triangle forming, may see a little range/ sideway movement on the chart. waiting for possible breakout in London session. WATCH OUT FOR FUNDAMENTALS
XAU/USD IS CURRENTLY IN AN UPWARD TREND AND IS NOW RETESTING OUR MONTHLY SUPPLYZONE THAT WAS BROKEN TO THE UPSIDE.PAIR IS EXPED TO CONTINUE WITH UPWARD TREND BUT HOW EVER IT POSSIBLE TO GET A TREND CHANGE TO THE DOWNSIDE DUE TO A LOWER HIGH FORMED.FUTHER CONFIMATION WILL BE DONE TO GET A CLEAR DIRECTION
I've been following GDX for a while. Bulls are trying to absorb supply again. If so it is very likely going to test longer term resistance likely established in 2014. I remain bullish above $23 buck
Hello all, this is my first published attempt. I currently have been learning for a week and have been using a lot of Fibonacci due to my bias of sacred geometry. I don't know how news may affect this forecast.
Im not a pro trader, so do not follow me. This is just my observation.