TAjames

Gold in a resistance zone. Needs volume to come in next 2 days.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So far strong volume on daily, but top is getting rounded. 2 options i see playing out are;
First a pull back to $1800, followed by a break through down trend.
Or, big volume push next 2 days to $1880, followed by pull back to $1840, then bounce to move to $1900.
Should be a good month for gold though.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.