OANDA:XAUUSD   Gold Spot / U.S. Dollar
resistance at around 1675 area, so if price breaks that area. initiate a SHORT as it will be heading towards 1644 another important resistance.
Again if price goes past 1708 we might initiate LONG provided we take into consideration other indicators for double confirmation.

THIS IS NOT A SIGNAL, just my idea. Your personal research is important too. Like if agree with the idea
Comment:
1675 area there actually that's support, not resistance
mad an error but analysis still very valid as price respected the support area and bounced back. we wait for price to break above resistance and can long

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.