DrAnandM

Mix of Data : Gold to Show Significant Volatility.

Short
DrAnandM Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
2400 is going to be the Ultimate Zone, that could be Decisive.

Above 2400, 2500+ could be tested..

Below 2400, 2300 2250 zones could be tested
Comment:
Keep a watch at 2400

Given the kind of price action.

I'm not bearish anymore.

Will look to buy above 2400.

Below that I'll wait for price action before selling.
Comment:
Some Retracement possible..
Comment:
Rally to resume above 2393
Comment:
More Bearishness below 2360 only.

In between 2393 2360, consolidation.
Comment:
200 pips retraced from 2400
Comment:
Level correction *

2346 and not 2360.
Comment:
Weekly closing below 2360 will keep bears hopeful

Bears will try to push below 2330 only, eyeing 2310 2260

Anything above and Bulls will keep making comeback
Comment:
300 pips from 2400
Comment:
Found support around 2370 2375, Lets see
Comment:
If sustains above 2375, more Bullishness

Below that more bearishness
Comment:
2375 to 2390..

A supply zone approaching.

Although I'm not expecting it to be Strong one .

Let's see if it's broken or Respected..
Comment:
Above 2395 2420 possible
Comment:
Since lower low was made at 2280
2400 2430 zone is due for respect.

Let gold trade above this zone before going positional long
Comment:
It is a major supply zone
Comment:
2420 done
Comment:
2375 to 2420

Whopping 450 pips
Comment:
2412 if respected, more retracement possible
Comment:
Volume is commendable.

I am sceptical if 2430 will be respected or not
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