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

Join me for free on Patreon (www.patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan.

DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.