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GOLD Technical analysis

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
traderpulse  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Wave Analysis priceaction
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trendanalysis waveanalysis priceaction
The yellow made use of the uncertainty surrounding the EUR,USD and GBP and made a significant up move.
It is currently consolidating for a move towards the trendline.
We expect the trendline to lend support for another leg of up move.
The next resistance is placed at 1312.487 and traders can expect a swift upswing.
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