ABC retrace on XAUUSD completed after a 5 up?

21 Jun 2016

I know lots are bearish on Gold BUT I see maybe this as a pivot point for a new impulsive 1-5 resumption of uptrend immminent. I'm not certain but added Buy Oct 1305 Call Option rather than trading cash market. Lets see price action develop. With Brexit anything could happen so rather than get whipsawed out of a position the option allows backing my view without exposure to volatility. If Gold takes off we could see $1400. If not it's got time to come good.