GcNaif

Next week is going to be a interesting one on Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
842 8 13
On chart i had drawn different possible moves we could see at the opening of week. Right at the close on friday market has shown some bullishness in gold             move. Is the move a weekend profit taking or the real move. Lets see what market will give us on sunday at open .

My decision Points are:

Buy above 1108 for the target of 1145
Sell Below 1108 with moves between 1108-1096 - 1089 - 1080 - 1060 -1054

Disclaimer:
I am a Chart Slave.Thank you TradingView and @nmike.
good analysis
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GcNaif ShafeekMuhammadKI
thanks
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Good anaylsis and cannot disagree with assumptions made will be trading the same levels
+1 Reply
GcNaif MarkLangley
Thanks Mark , hope it works in our favor
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hope it's time for uptrend. i'm in long.
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not really Mikhail , i will be treating this as retracement ,lets see how it goes
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Excellent, I'll be monitoring gold, I still think the downtrend is valid.
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GcNaif IvanLabrie
thanks Ivan
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