FX:XAUUSD   Gold Spot / U.S. Dollar
Has reached the line that extends off of lows in June 06, Sep 06 and October 2010. Parallels extended from the 2006 and 2008 high caught important pivots over a period of 4 years...most recently the December 2013 low. Downtrend support is also nearby. Would take seriously a daily reversal over the next few days.

Scandinavian Market's Chief Technical Strategist, SB Trade Desk co-founder, author Sentiment in the Forex Market

Twitter: https://twitter.com/jamiesaettele
Platform: https://scandinavianmarkets.com/
SB Trade Desk: https://sbtradedesk.com

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.