PULEMokhothu

GOLD LONG IDEA AFTER RETRACEMENT

Long
PULEMokhothu Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD IS STILL ON AN UPTREND ARE WE JUST SEEING A RETRACEMENT AT THE CLOSE OF THE MARKET THIS PAST FRIDAY ,ITS VERY POSSIBLE AS MOST INDICATORS ARE STILL VERY BULLISH ON GOLD SO GOLD IS STILL A GOOD BUY WHEN YOU HAVE YOUR PERFECT ENTRY CHANCES ARE STILL HIGH THAT WE ARE CONTINUING TO THE UPSIDE ON GOLD

LOOKING AT A POSSIBLE BOUNCE AT FIB EXT LEVEL 0.5 ( 1667.47) WICH IS A WEAK ONE
AND FIB EXT LEVEL 0.382 ( 1645.323) WICH IS MOST LIKELY SINCE WE'VE TOUCHED THIS LEVEL MANY TIMES LOOKING TO THE LEFT

IF IT PLAYS OUT AS PLANNED THIS WOULD BE PERFECT ENTRIES ON GOLD GOING UP.... AS WELL AS PERFECT TARGETS IF YOU ARE SELLING
Trade closed: target reached

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