ForexTrendline

Where is the next potential entry on GOLD?

FX_IDC:XAUUSD   Emas Semerta / Dolar A.S.
After price pushed higher earlier today, we see some relief now and a potential pullback forming. Watch the video to find out where I think that pullback will end and it will eventually present a setup to us.

Don't forget that we're currently at pretty high values which means that it's probably best to look out for an end of this move. I would expect a deeper pullback before the next continuation higher, and that's why you have to be cautious with your entries and manage your positions accordingly.

More analysis to follow here on GOLD, so if you want to stay up to date and know when exactly would be the perfect opportunity then make sure to follow us.

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