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ChrisMTrader

XAUUSD IDEA

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ChrisMTrader  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis xaausd xauusdidea Gold freeforex freeforexsignals forexsignals
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trendanalysis indicator fundamental xaausd xauusdidea gold freeforex freeforexsignals forexsignals
Hello traders.

Gold has been spiked down and up very quickly in 1 day.

we see a respected support area as pointed on the chart.
we have 2 touches already and also a Descending triangle has been formed.
We are waiting how the price reacts on the support area and will look for a buy or a sell , depends on if the area is going to be respected or not.
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