SonicDeejay

Gold (* The $1,300 Dam is About to Break)

Short
SonicDeejay Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold,

A Nice +200 pips run we had.
We have a strong rejection of the decent support of $1,301. It can be kind of expected as the move happened
on the thin volume day. It may swing up little higher in the search of liquidity but sooner or later, the trend shall be back on track.


The current nearby resistant is $1,324 level.
I DO NOT Think it will go back above beyond $1,329 level.



DYODD and Trade Safe
s0nic





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Comment:
Now we wait and see, if the bear claw back in near 1314 level.

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