Long term out look (BULL's case)
XAUUSD - Recognize the bullish pattern forming regardless of your bias.
It can break down but we need to be honest about this being a bull market and consider it to not be over until bears prove it.
2000 is not out of the question.
Until the pennant breaks Bulls have still held up their support well.
If support breaks a likely, and much needed, correction is underway.
Don't hesitate to call your long out, we've been going up for a a while.
It can break down but we need to be honest about this being a bull market and consider it to not be over until bears prove it.
2000 is not out of the question.
Until the pennant breaks Bulls have still held up their support well.
If support breaks a likely, and much needed, correction is underway.
Don't hesitate to call your long out, we've been going up for a a while.
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