FadeMeIfYouCan

05/01/2021 $XAU Trend is up, but we are at Resistance

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1945 is a strong resistance especially given Nov red bar. Possible pullback to dump the weak hands, before possible continuation.

We might overshoot to 1953-57. Watch a strong fast up and rejection.

Targets: 1917, 1897, 1889
Comment: I was wrong on timing but right on direction and levels. 1889 hit

Comments

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