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GOLD (XAUUSD) Market Outlook | Daily Forex Market Breakdown
XAUUSD
Decent move to the upside with gold, as previously anticipated. I believe we could be seeing the bears take control soon. As previously mentioned Im not the biggest fan of taking gold shorts. I prefer to be extra patient and allow the price to come lower and reject off support presenting high quality long trades. I believe that overall Gold is bullish and I would rather wait patiently for a long opportunity. Remaining on the sidelines for the time being.
Decent move to the upside with gold, as previously anticipated. I believe we could be seeing the bears take control soon. As previously mentioned Im not the biggest fan of taking gold shorts. I prefer to be extra patient and allow the price to come lower and reject off support presenting high quality long trades. I believe that overall Gold is bullish and I would rather wait patiently for a long opportunity. Remaining on the sidelines for the time being.
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