alanchin

Gold looking for lower support. Critical: 2020!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I've mentioned yesterday, long-term bullish moved 5 high points, but 4H only 2. Critical points on NFP day will be 2020 and 2060. Short-term pattern (5&15 minutes) so far show a bearish move targeting 2030 & 2020. Cricital support is 2020.
No bullish chasing if gold moves to 2060-2070 because it's already 3 days with green candlestick.

* 1st resistance: 2060. 2nd resistance: 2069.
* 1st support: 2030. 2nd support: 2020.
* Bull & bear boundary: 1985-1990.
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