XAU/USD HUGE MOVE INCOMING

12月10日

XAU/USD has been forming a Bullish Pennant for over a month now, price is at a critical area. Price is going to make a very big move this week based on the technicals, since this Pennant is coming off of a bull leg we are more on the bullish side, however understanding some huge downside is still in the picture. We will be looking for buy limits if price falls.

12月10日

ノート

Always remember before a big move, a significant pullback occurs to take out a good amount of buyers, limits are our best friends here, set limits where you'd set stops if you were to market execute now.