ImpulsiveWaveTrading

GOLD Pattern Update - Technical Analysis!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is holding above 1795 support in the last 3 trading sessions and we are heading into the NFP tomorrow, Friday 4th. Key levels to watch for short-term trading are:
Main support: 1795-1800
Resistance #1: 1810
Main resistance #2: 1823.

A breach above 1823 would complicate the bearish view which we hold for a drop lower to wave "e" around 1750-1720.

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