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UnknownUnicorn540299

Gold: Support and resistances 19th of October

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
UnknownUnicorn540299 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gann
10
0
gann
Refer to chart for support and resistances.
Personal bias: Long @ open for target 1291

Thick lines = strong support/resistances
Comment:
There is no excuse now for going down. Unless it is a disabled bull.
Comment:
Healthy movements in gold this day. Not rushing it, but doing things so it doesnt have to do meaningless returns to price pivots. Good.
Comment:
Looks like gold is determined on the 1291 today.
Comment:
1284 should provide support. 1291 should be opened for taking a hit now.
Comment:
Good accumulation of energy in price taking place
Comment:
Hopefully now it accumulates to spike through 1291, which is the ideal way of approaching the target.
Comment:
The often correlated UJ.. Getting ready for its next move down. Quite so soon.
That will probably help gold take out 1291.
snapshot
Comment:
Ok, we came less than a dollar from 1291. So far so good. Will publish new levels for tomorrow.
Trade closed: target reached
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