PeryCapital

XAUUSD pullback then long

Long
PeryCapital Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I'm expecting pullback to downside, somewhere around the support zone and
between 2 Price reversal zones (38.2 and 50% fibs)

Then will be looking for opportunities to long gold up to 1270 area again!

Wait for the pullback and confirmation on H4/H1 before you go long.

Don't forget to trade with proper RM/MM and caution. GOOD LUCK guys
Comment:
pullback is becoming reality... We can expect long soon. But it can go lower before big move up (1235 area)
Comment:
watch this area to next move on GOLD
Comment:
If the price breaks counter trendline + major daily resistance. We can see next move up to 1265 area. KEEP EYES ON IT
Comment:
Area to watch about reentry long Gold again! Wait for Price action before entry!
Good luck
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