Gold: Long Signal, Target New High

Gold: Long Signal, Target New High

11 May 2016, 10:45

Prerequisite Reading: Gold: $1350-$1400 in Less than 4 Weeks?

These day's price action in XAUUSD has confirmed our previous gold analysis. The 4th wave of this ED respected the lower bound of the channel and what we are experiencing now is an immediate recovery, which does not yet have an impulsive nature, however we are keeping a close eye to the reaction around these levels.

Assuming that we are ...Read More

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