FX:XAUUSD   Gold Spot / U.S. Dollar
20

the pivot point is at a level of 1076.

Our preference: SELL below 1076 target point and 1064 1059.

Alternative scenario: upside Breakout level 1076 will open the way to 1082 and 1087.

Analysis: While 1076 is resistance, may decrease up to 1064.

The levels of support and resistance:
1087
1082
1076
1068,4 closing Price
1064
1059
1055
Gold correction is brewing, to today's protocols exactly.

Although to speak about serious growth.

Motion to 1071 and 1075 will return to the market sellers, the higher the better.

If we go back in 1066, we are expecting the decline to 1058 and 1061.

On the can only speak on the rebound, after an unsuccessful motion under 1066 short stop.
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