GoldLong
XAUUSD - 4hr Bum n Run update (final)
Let the Trade ride! Understand pullbacks will happen but the price is in motion. Respect the trend.
Gold has officially broken about the accumulation phase. Price has retraced back to previous resistance confirming new support. (2675)
Keep in mind:
Today
Core CPI m/m and CPI y/y
Thu
Dec 12
Core PPI m/m and PPI m/m
**Both of these red news events could shift the short term. watch for wicks and false breakouts
Gold has officially broken about the accumulation phase. Price has retraced back to previous resistance confirming new support. (2675)
Keep in mind:
Today
Core CPI m/m and CPI y/y
Thu
Dec 12
Core PPI m/m and PPI m/m
**Both of these red news events could shift the short term. watch for wicks and false breakouts
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