Willy77

Gold Level

Willy77 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold near to reach major target around 1275/82, but failed to sustain break the swing 161.8 level @ 1252.
Daily candle show engulfing pattern that suggest to reach next target around 1295-1305.
Above that there is medium support @ 1318/20 which not easy to break.
Seller should wait until the price test the broken support.

Note : This is not trading call, please verify with your own analysis.

Thank you,
Willy
Trade active:
Now, touched the medium support
break will go to below target, bounce will retest the upper cluster.
for seller can move the SL above 1328

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