bazzman78tv

Gold my good friend. where to from here. Possible short?

FX:XAUUSD   Gold Spot / U.S. Dollar
Hi there,

How are you doing?

For those that watch gold, in the way i run through my analysis, we are an interesting position (as at the 13th of September 2019).

Clearly where we are now, we have some genuine support. There are a few " concrete floors " to break at present. if these floors are broken, then possibly (and maybe), 1,444 could be a potential target. I see some signs of weakness (possibly). Based on my daily chart analysis, i will be keeping a keen eye on gold.

Until we break the support levels (as shown on my chart), no action.

Best regards,

@bazzman78t

bazzman78tv
Updated December 2021
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