Easelac

Easelac

Symmetrical triangle forming on the XAUUSD chart. Once price reaches the top of the channel (Yellow Line) a breakout scenario may play out if there is enough volume in the market. Vice versa if price rejects we could retest the bottom of the channel to continue lower.

Easelac

Triple bottom formed indicating a strong support level. Keeping an eye out for a trend reversal and a move to the upside.

Easelac Updated 

Key support and resistance levels for Gold today. Long above 1868 and Short below 1852

Easelac

Price is currently at a strong daily support. If price hits TP1 I will look to secure 80% of my position, put stops at break even then let the profits run to TP2 where I will close out fully.