XAUUSD
If the hourly trend line is broken to the downside, then there will be a short opportunity
Weekly RSI overbought
Key resistance that has held since July 2014 @ 1350
Possible there will be an exhaustion push to around 1340-1350 off the trend line.
TP 1 - 1320
TP2 - 1315
However, a break of 1400 will mean an upside target of 1550
Trade closed: target reached:
Setup has played out to the absolute T
Both TP's hit and more...
Gold should now melt over the coming weeks.
Both TP's hit and more...
Gold should now melt over the coming weeks.
