GOLD/XAUUSD - On the Sidelines
Im very indecisive with XAUUSD, It is always highly manipulated and doesn't want to seem to follow structure or trends like the majority of FX pairs. From a retail technical stand point I would say that price is comfortably downtrending, what I would like to see is a pullback into the key level of structure marked, followed by signs of rejection before getting involved in a sell. Knowing GOLD we most likely wont see this at all!
COT Data - 61% Long
Sentiment Data - 82% Long
COT Data - 61% Long
Sentiment Data - 82% Long
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