Zarko

Gold 4 hour chart:

Long
Zarko Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold and Silver will soon move out of it´s 4 months consolodation and then we will see the next
big upleg. When or if it breaks above 1915-1920 we see 1970-1980-2074-2140 -2180 ect.
Remember it will never go up in a straight line it will go back and forht.
Support 1850-1860 must hold for now.
Trade active:
We must hold support line 1845 - above this area bulls are in play - upside targets is 1930 - 1980 and above new highs. If 1845 fails we see 1790 then 1750.
Comment:
Gold: As long as we stay above 1950, the next 3 upside targets are 1963 - 1370 and 1985. A break below 1950, should retest 1941 -1932 and 1926.

Germany30 and S&P500 Intraday analysis August 23rd. and weekly update 34. Posted at twitter: twitter.com/SP500_Dow
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.