ForexCracked

XAUUSD GOLD Weekly market Overview

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
gold still going sideways ,been a very boring last week, a couple of weeks actually ,on gold not much is happening and I'm still having the same
idea,last week we saw that the range was very very narrow and it was untradable so the market broke lower retested and put another low but there was no continuation to the downside so we saw the price pushing back up ,all in all I still see the 1642 as a possible resistance up there,the 1550 is the support so these are the levels to play for now until we have a break out of the resistance,those are the levels you need to keep an eye on.

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