darth.stocks

heavy resistance at 1244 : lond Gold till Thursday Friday

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
5
76.4 % retracement of 2015 high seem to be quite a resistance. We just had the 4th test of it. But with higher lows after each test a break seems to be quite likely! Expecting a fast move till my target of 1280. But than BULLS WILL BE EXHAUSTED! An intermediate correction to at least 1176 will follow. If correction is just to 1206 a retest of 1280 may occur...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.