Note

Trend pattern

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Trend pattern

So when we look at the chart we can see that the price is kind of trading in a range like we see with a lot of pairs at the moment. What we could do now is just either wait for that range to be broken or we can see if we still have the possibility to go and range trade it. For now I would just wait and see what the price does when it is going to reach the high of the range. There are 2 things that can happen

XAUUSD 240

GOLD/U.S. DOLLAR FXCM

We get a break of the channel and have a good chance to go long

#OPINIONLEADER#

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