Gold Spot / U.S. Dollar
Long
Aktualisiert

XAUUSD Long

Feb 2nd Features:

Double Distribution Trend Day
Selling Composite Day
No Tails


However despite a clear attempt from sellers to move the market down on Friday, value has moved upwards and the volume numbers on the day have decreased significantly

This demonstrates that price may need to return to previous level of acceptance in order to retest the selling imbalance created on Friday

Anmerkung
Half the trade will be closed after 5 points (2033) in order to bank profits and create a risk free situation as price could reverse at multiple points of resistance

Haftungsausschluss