XAU-USD-BUY
Xauusd Gold ready for big move Upside as we see previously gold is in consolidation it just makes a new impulse move and now having 1hr correction I'm anticipating that gold will make the next big move to upside for me gold is a buy
on Monday big move will be made for today I'm not expecting it to break this consolidation.
COT Analysis 12. September XAU/USDWe had a lower shorting potential this week but the market did not go up. The COT shorting potential is a very qualitative value for predicting the market direction of the upcoming week. It depends on the relation to the last value.
The so called shorting potential is again the second time lower and the commercials are stocking up their long positions. Addiotionally we have Indian Celebration and Marriage season upcoming.