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#Gold Moved Up As Expected - Trading Plan For The Next Week

Kort
OANDA:XAUUSD   Guld / USA-dollar
Traders, Gold went straight to our FCPzone and started to react to go to the downside. We were able to capitalise on this move by taking good short trades for day trading. This move in past week can be considered as a pull back into a previous resistance/consolidation zone. This pull back upwards was also expected because of completion of an FCP "M" Pattern.
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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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