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Mihai_Iacob

Gold- big up move ahead?

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold XAUUSD goldtrading goldidea
8
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trendanalysis chartpattern indicator gold xauusd goldtrading goldidea
Gold is consolidating just above 1640 support (previous resistance) and the range is tighter and tighter.
A break is inevitable and I believe it would be on the upside.
A clear break of 1650, after this tight consolidation, would accelerate gains and 1700 is not out of the question in a very short time
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