OptimoomFX

Gold- I'm slightly bullish

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the big drop from the beginning of the week, Gold found support and spent all yesterday's trading day in a tight range with an average of around 1810.
A correction could be underway and 1822 and 1832 are resistances that bulls should be aware of.
On the other hand, this drop stoped to "painted perfect" in 1800 to have a lot of confidence in it and a new wave of sales could drive the price to around 1750
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Comments

maybe we get a minor bounce, however looks
like it's distribution in range now, so very limited
upside from here, just my 2 cents anyway.
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OptimoomFX ProjectSyndicate
@ProjectSyndicate, i want to rise just to 1830:)
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