OANDA:XAUUSD   Gold Spot / U.S. Dollar
Since gold had a huge retracement to the downside to a major magnetic area & then push up breaking 1888.00 & closing above that area which has acted as a solid area of support/resistance in that past. I see gold opening up bullish & pushing up to the previous wicks at 1896 where a lot of consolidation has happened around that area before retracing to retest 1888 & fill up some imbalance that was created their before heading up to 1904.00 filling imbalance & breaking through 1900.00 area creating lots of fomo & that price has done its retracement , how ever I see price retracing to 1875 area which has been a strong magnetic area before ultimately heading to upside around 1910 or 1916 depending on the bullish momentum for the week. Again this is just my opinion & I am still learning.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.