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asharifan

Gold is indecision

Oro / Dollaro (OANDA:XAUUSD)  
asharifan  
OANDA:XAUUSD   Oro / Dollaro
Trend Analysis Support and Resistance Trend Lines
4
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trendanalysis supportandresistance trendline
the long term trend is uptrend and it seams Gold is making a big flag to reach higher targets(2200-2300)
but in the short time , gold is trying to go out of its channel .now the volatility is low .
as a new buyer we have to wait for a strong breakout of channel top or another pullback.

Idee correlate

asharifan
Gold flag has been changed but it is still a bullish flag
asharifan
AUDJPY would keep going upper and upper
asharifan
NZDCHF is ready to continue
asharifan
AUDCHF has been broken its long time downtrend .
asharifan
if you are in long position of GOLD take care
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