the5erstrading
Short

Long Terms Analysis GOLD 06/08/18

FX:XAUUSD   Gold Spot / U.S. Dollar
For the long terms the GOLD seems to be bearish and on his way

To reach 1185.00 Zones.

There are 2 options to look for a long-term position.

1 - If the price will break out the resistance zone above it indicates the 

Price tends to reach the supply at the top, if that happens i'll look for 

 P"A setup of buy position.

2 - If the price will reach the supply at the top i'll sell there, my target 

Will be 1185.00 zones.
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