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arnaudzocca

Get ready to take profits on GOLD - Take profit around 1740

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
arnaudzocca  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators goldtarget
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trendanalysis chartpattern indicator goldtarget
Last week I advised a Long trade on GOLD that has worked perfectly. Even if Gold is a good long term play, we can expect downside pressure around 1740. There is around this level a weekly pivot, and resistance oblique level and the 161% fibonacci level (extension) of the previous move.
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