VRShaiju

Continue Buying gold

Long
FX:XAUUSD   Or / Dollar Américain
Gold still not break above 1563 that is an excellent opportunity to keep buying gold till end of this month. Weekly chart is supportive and not printed a heavy bearish candle followed by a dragon doji last week. I agree that the momentum is very weak either side. This behavior can be considered as distribution phase that slightly heavier to bull side. Most probably we may see very good move this week to northern side. If the momentum does not continue to the pace then there are higher probability to test 1536 once again. Enjoy trading and hunt a lot of green pips

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