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ShumbaFx07

Gold: Struggles at Resistance Barrier.. XAUUSD SHORT

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ShumbaFx07  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Beyond Technical Analysis Fundamental Analysis Technical Indicators xauusdshort xauusdupdates xauusdsignal xauusdanalysis xauusdforecast
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beyondta fundamental indicator xauusdshort xauusdupdates xauusdsignal xauusdanalysis xauusdforecast
Gold has pulled back from the crucial $2,400 level during trading on Thursday, which is an area that has been important multiple times. With that being said, I think we are just simply entering some type of consolidation area more than anything else. The $2,400 level above continues to be an area that I'll be paying close attention to, and therefore, if we can break above there on a daily close, then I'm interested in getting long. If we pull back from here, then the market could drop all the way down to the $2,300 level, which of course is a major support level based on the previous action. And now that the 50 day . XAUUSD
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