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federico.de.luca74

Possible play for XAUUSD 1D chart, double bottom.

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
federico.de.luca74  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAUUSD Gold
1
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trendanalysis chartpattern indicator xauusd gold
Possible play for gold price reversal. After the re tracement following the new ATH gold seems to be looking for a new support area which might be in the 1680 - 1740 range. If the pattern plays we will hit a strong resistance area around the 1780 - 1800 which is an higher high reached in September 2012. However this might be sign for continuation and hopes to see new highs.
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