archiki

XAUUSD- LONG

Long
archiki Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
HMM bottom of the channel provides a low risk opportunity to long. A break lower is 1204. I am expecting a big rise in price into next week. (or a big down move) bias is long. Either way a big move is money to be made.
Comment:
can drop 3-4 range below channel watch there for buys
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Price broke down towards 1204 not quite touching it. Right now minor and major trend is bearish. I am expecting a small bounce towards 1220. We can look for direction there.
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not time to expand in price yet
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