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UnknownUnicorn384398

GOLD ANALYSIS - Not ready to breakout just yet.

Gold Spot / U.S. Dollar (FX:XAUUSD)  
UnknownUnicorn384398  
FX:XAUUSD   Gold Spot / U.S. Dollar
Wave Analysis
4
0
waveanalysis
For all the hopeful gold bulls out there I don't think that it is quite ready to breakout of this consolidation area just yet.

Gold should fall only after hitting the resistance area.

Critical support $1122 should hold and then the next major move up (breakout) should finally occur.

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