ForexGoldIntraday

Gold hovering at important level. Wich way will gold go?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
So were currently sitting at a important zone for gold. I adviced to go long in the buy zone 2020-2016. WE need to pay attention to the 2028-2030 zone, because if this zone confirms a rejection. Then it is mostlikely gold wil fall posible with target 2006. If 2030 get broken with confirmation gold will push bullish with targets as 2045 and 2055.

Second important zone is the red line wich is the daily bullish support zone. If it breaks below we can posible see a good short move toward 2006 and 1992

REsistance: 2030, 2045, 2055
Support: 2020, 2015, 2006
Comment:
Gold respected the dynamic resistance zone and fall towards our target 2006.

AFter confirmation we can sell around 2016-2019 zone.

Comment:
Sniper entree 2016. Newsevent will start in 5 min. Make sure to move SL at entree if you have an open position
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