FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Gold managed to push down from 1949 to 1919 and the support seems to be holding strong atm. Now the price is ranging within the symmetrical triangle and if the price manages to breakout to the upside first then look for resistance around 1935/38 and it could be a potential level to short it down again to target for lower support of 1912/06 and below that 1897/93. On the flip side if the price manages to break below 1919, then look for lower support of 1912 to hold which could be a potential target to long the market up for a higher target of 1945/1955.


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