Expecting XAUUSD to climb back up due to incoming economic events after a price fall off for the last couple of days. We may see the Dollar Index fall to the 102.000 area before the weekend which also supports a buy for Gold.
My last chart may enact past price 1856.00, but for now I have it as a resistance area.
Buy Entry: 1832.00
Targets: 1835.30 | 1839.50 | 1844.00 | 1847.00 | 1851.00 | 1854.00
Resistance: 1857.00
Be sure to like this post and let me know what you think in the comments below!
My last chart may enact past price 1856.00, but for now I have it as a resistance area.
Buy Entry: 1832.00
Targets: 1835.30 | 1839.50 | 1844.00 | 1847.00 | 1851.00 | 1854.00
Resistance: 1857.00
Be sure to like this post and let me know what you think in the comments below!
Comment:
Targets up to 1844.00 have been reached. Expecting more spike up during NY open.
Trade closed: target reached
