lucaxvi
Short

GOLD plays for the week ahead

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD is one of the pairs on my watchlist this week, I do see many opportunities to play out on gold from the long and short side. Monday will be the deciding factor, if gold is able to have an exhaustion up to my pre-empted levels of 1528.5 and 1533 I will be looking for shorts to hold down till $1492 as I do expect this liquidity region to be filled this week if gold is to reach $1492 I will look for price action confirmation to go long with a take profit at around $1510. if $1492 is broken then my final area of support for a long would be $1480.4. but overall many plays on gold this week to the upside and downside.
Comment: gold now looking to head down to touch the $1480 level
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