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BodiesXWix

Last Bull Candle of 2011 to be Resistance

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
BodiesXWix Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Supply and Demand Beyond Technical Analysis XAU XAUUSD xauusdshort xauusdupdates xauusdanalysis Gold goldidea goldtrading goldanalysis
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trendanalysis supplyanddemand beyondta xau xauusd xauusdshort xauusdupdates xauusdanalysis gold goldidea goldtrading goldanalysis
1883.050 will be the area I watch to sell for a major pull back. The pullback should mitigate the last bear candle before it's most recent Bull run. Also akeing out some equal lows grabbing the liquidiy below. All while staying in the daily channel. Once that mark is reached around 1785, then there should be a moment to buy to continue to a new high. But I think a major pulback will be needed to gain momentum to reach an all time high.
Comment:
It appears that the 1883 level has turned from resistance to support.

snapshot
Trade closed: stop reached:
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