alanchin

Gold waiting for breaking out: 2020-2080.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I’ve mentioned before, bearish trend can only be started after 3 weeks bullish (Elliott Waves) which the 3rd bullish up-move will be finished. 2180-2185 which is the extended Fibo 123.6% may reach.

* 1st resistance: 2075-2080. 2nd resistance: 2144.
* 1st support: 2020.

Target 2180-2185 will be reached if 2080 breaks through.
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