Wave-Trader

XAUUSD Dont miss this breakout

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OANDA:XAUUSD   Ouro/Dólar Americano
HI there,

XAUUSD is struggling for downside. It is setting up for breakout for upside. Watch for the breakout and look for buy on the breakout.

If we dont see breakout then look for buy at the bottom.

If correction gets bigger then expectations then we will reanalyse that pattern and will look for buy again. The longer term trade will be bullish on the Gold so bigger correction will not change the bullish reversal.

Good Luck

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