JohnLiv

December potenctial large rise for gold, copy of 2019

Long
JohnLiv Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1800 was a pivotal point for gold, held well but the strenghth to break was not there, this is of no supprise to me as its more a copy of 2019,drop though November, late range then push north till the new year, I see December the third as entry, but as it ranges any entry below 1805 can be considered ok in my opinion, a drop below 1780 I would consider seriour as main trend reversal

Entry between 1805 and 1790
SL 1780
TP 2182
Comment:
A break now after a small drop should see gold pass 1894 with ease, forcing it to break above the main trend line
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