Sable

Gold What I think it will do

FX:XAUUSD   Gold Spot / U.S. Dollar
I'm solely publishing this for me. So I can see what Gold             does. This is my first look at GOLD             . Key levels marked off and a channel created. Some trend lines drawn out and .382 fib level marked off. It's bouncing off there.

My analysis is on the chart.

Buy limit at 1211.56. May or may not trigger. Watch around 1238.46 could be taking a buy there if it bounces off trend line .
Buy stop would be at 1305 hold till 1370. Would not place a buy stop until move down

It's going to be a volatile week. Please follow your own analysis for trades.
Not bad for my first gold analysis broke the trend line. Won't be touching gold until I have a larger balance to trade with.
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