CreativeSelf

Gold, Simple long term analysis

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CreativeSelf Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Bull flag consolidation is about to end and the rally shall continue. Wave 5.
Give it 1-2 weeks or so. Look at the Gold seasonality chart, it tends to rally when the year is about to end, some really strong fundamentals can push price further down but it won't stop the bull rally.
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I don't provide TP/SL advice, you are responsible for the risk management of your own investment. My ideas are just strictly my own, follow at your own risk.
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This weekly candle is going to close very well.If next weeks weekly candle closes bullish, this will indicate that a breakout will begin!
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