FUNTRADER-Vera
Long

XAUUSD: another possibility before it touching 1375

FX:XAUUSD   Gold / US-Dollar
Traders,

We know that gold             is on the season to bull.
And it hit 1344 last wk which happen to be the neck position of last huge wave. A healthy correction from there is reasonable.
Right now , if gold             has another bear sign on 4H chart, the corrective wave could start down to 1300-1314 zone.
After that, would love to see higher position as 1375 round.

Less is more!
Kommentar: straight up alone with the trend line.
Kommentar: trendline broken
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trendline broken means up or down ? sell or buy ?
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@ShivamVerma, better follow yourself.
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ShivamVerma FUNTRADER-Vera
@FUNTRADER-Vera, oh you dont know ............. great
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Any pullback is nice right now. 1340 would be first entry. I think the price at least tests the breakout line at 1367 from here short term. Once a break of that line is confirmed there we are looking to 1375-1400 area.
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Hi Vera, thanks for the update. I am still wondering if we will have a correction first, then heading to 1375?
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Thank you vera love your analysis
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