bestfarbit74

XAUUSD... watch the range zone

bestfarbit74 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
price is moving into ascending wedge formed as you can see on my chart.

so I expect to keep moving in the ranged area for a while before next

stronger move up or down.

if you followed my last publish on gold I mentioned around 1800 level

we have important resistance. now is hovering over around the level.

more support and resistant levels are on the chart in the case of next

pump or dump. but this area right now doesn't worth to trade.

I will update if notice any important signs.



Enjoy the market
#WOMAN. LIFE. FREEDOM
Trade active:
......
reminding below the baseline on ranged area will keep more downward pressure.
Trade active:
.....
could back to the ranged area to touch the baseline.
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