Kevin_Sailly

Time for Rebound?

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I initiate another Long Position at around @1311 for take the 5th Wave possibility.
Hopefully this correction wave finish, and after this should be try to reach the next Resistance.

I put my Stop Loss right below the last low price around @1301.
Good luck for everyone and have a nice profit.

Thanks!!
Trade closed: stop reached:
It was hit with Stop Loss around -100 Pips.
The positive effect of FOMC Statement made Gold drop on Thursday night.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.