MaryJane
Short

Perfect Timing Minimal Target @ 1.125$ Reached

COMEX:GC1!   GOLD FUTURES
79 0 17
The SMA 200 could not be beaten! A downflag apears instead. The Target of this pattern can be 1040$ - the Trigger is 1100$. Prices below that Level will generate the TP @ 1.040

Former analysis:
GOLD             at Trading Mark
snapshot
https://www.tradingview.com/chart/GC1%21/Oj4STuJT-GOLD-at-Trading-Mark/
Will XAU break it s resistance ?
The resistance Zone is characterized through the sma200 and the old supporting trendline which turned into resistance.
If xau can trade above this Level @ 1175 the next tp can be 1210$.
If the resistance could not beaten, a new downswing can be exspected. The tp of this downswing could be 1125
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