KnightsofGold

XAUUSD 15M - Support levels

FX:XAUUSD   Gold Spot / U.S. Dollar
The 15min chart paints the picture a little clearer. We're staying out of long trades for now but if you're considering going long the levels on the chart could be ideal entries.

We have a very small double bottom which formed on Friday and could get tested tomorrow at some point. I wouldn't really call where we are right now a H&S, but if it is a messy one then the double bottom test is very likley.

Again, we're just thinking out loud, its not trading advice, only an opinion.

Trade safe everyone.

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