DrAnandM

Consolidation Following a Breakdown

OANDA:XAUUSD   Gold Spot / U.S. Dollar
After Having Tested the 1980, as expected Gold has Shown decent Buying from the zone, establishing it as a Strong Demand Zone.

2017 Zone
1995 Zone

Trending Move is possible if either zone is breached.

2031, 2045 on upside
1985, 1975 on downside

Could be tested.

Not much to Analyse.

Simple Trading plan for the week.

Stick to levels, and Profits should follow.

PURPLE CIRCLES - VALUE AREAS FOR BULIDING STRONG POSITIONS
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