d.vezeris

Gann Fan for XAUUSD (2002-2015) - 21 July 2015

FX:XAUUSD   Gold/U.S. Dollar
434 0 3
Look at this long term digram of XAUUSD             from 2002             . It is obvious that this Gann Fan supports and resists to the XAUUSD             from 2002             till now.

Specifically the 0.5 of Gann (green dashed line) has operated as a support and resist in the past .

So I think that nowadays 1070-1085 is the support zone in long term of the XAUUSD             and perhaps a temporary bottom. Yesterday XAUUSD             touch this support line and reacted immediately.

Good luck!
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