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Lanmar

Gold selling seems exhausted. Buyers are coming in

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Lanmar Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns XAUUSD XAG USD ( Silver / US Dollar)
13
9
chartpattern xauusd xagusd
Last year in May I published a level I am interested in on Gold. We have been flirting around it for some time. I am adding. Blue is a buy zone.

Gold: Approaching Demanded Level (XAUUSD)
Comment:
My intra-day view on the chart is bearish tone, but a buyer of dips.

The current price action leads me to believe something like this will happen. Support could however be deeper than indicated.

snapshot
Comment:
long active at 1183
snapshot
Comment:
Great rebound off 1183. Now above first level resistance. A break above ¨bullish break¨will be very healthy. I reiterate, I am long from 1183 with a substantial amount of leverage and am also long NUGT (triple leverage gold miner ETF).

snapshot
Comment:
Market timing 101
snapshot

Targets - 1260, 1300
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