FX:XAUUSD   Gold / US-Dollar
After being stopped out last night, price is now at a decision point for gold .. We have reached the descending trendline , now I will either watch for a rejection or a break or resistance & retest for continuation to the upside as price looks to be breaking structure. Patience is the key!
Kommentar: 1325 is a significant level to keep an eye on, if price makes a daily closure above this level I will be leaning more towards an upside breakout
Kommentar: Looks like a clean breakout, I will be going for it with tight risk management due to the US data tomorrow
Kommentar: Coming back for a potential retest / validation of broken resistance turning into new support
please dont forget, we have BAT Pattern to down ....

i think its more up than that
I would probably take this trade too , but I am worried about the possible lurking market madness that could arise.

Have equities bottomed in your opinion?
eazywayout thesilverbullet
@thesilverbullet, I don't keep my eye on equities much, but I do find most accuracy with technicals & breakouts. Only thing thats sketchy is the dollar news tomorrow
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