Gotraderpros

Gold Spot/US Dollar Strategy

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD

This pair has hit a new high which in return it needs to do a pullback/retracement which it already started.

If zone 2 (Day support) is broken, we'll be looking at a nice drop towards Zone 3 (Week Support). (Day Support Price #)
1985.502
1956.889


If Zone 1 (Day Resistance) Is broken, we'll be looking at newer highs.
(Day Resistance Price #)
2093.474
2031.493

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