Eye_of_the_Tiger

Gold Has Little Resistance to the Upside $Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has really been moving from the bottom at the end of March. I don't use price trendlines very often, but a lot of people will be watching this one. I expect price to slice right through it, but encounter some resistance in the 1875-1885 area for a correction in time. Volume flow remains negative despite the sharp move, but a break of the TL will likely spark some interest and a new wave of volume.

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