XAUUSD - Opportunity of a Lifetime

Remember my seasonal tendencies post,
We have waited for Gold to get lower than the June/July low...

Opportunity of a lifetime this!!!!

Kommentera:

The Daily chart shows the bigger picture very clear. Since 2013 Gold made lower highs and lower lows (bearish pattern), but in 2016 its a higher high which indicates a trend change (now bullish)

Note the Seasonal tendencies for the last 3 years
1.Lows in Gold is in November/December
2.November/December Low is always lower than June/July low
3.Usually new high in March