PriceActionPmlani

Gold been settling in, consolidation to breakout

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Have a look at this , Gold has been consolidating and been cooling off the over bought pressure.

Its well cooled off now, have a look at that Weekly 50 on the RSI ( has bounced back and been basis for
bull support over the last few bounces off trendline)

1775 level key level for a strong bounce

I had been waiting for this to drop, but this is too strong ... We should be smashing 2000 soon and beyond !!


CURRENCYCOM:GOLD

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