Forexbluepeaks

Gold next possible move

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is in bullish momentum on long term but its going to face some correction before climbing up again. A medium impact immediate support is around the area of 1907 once crossed it will test the major support at 1900.80, I will place my target above this support, If it breaks then I will enter in sell position again with the target above next strong support at 1882.80. incase if it doesn't break the 1900.80 support (which I highly doubt) then I will wait for it to climb back and cross 1920.40 In that case it will be good bullish momentum and I will enter into long positions.
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