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the5erstrading

Continuation Level GOLD 16/05/18

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
the5erstrading  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Supply and Demand continuation breakout short swing XAUUSD
2
0
supportandresistance supplyanddemand continuation breakout short swing xauusd
As we can see on the daily chart, the gold has broken the support zone.

It indicates the price on his way to reach 1270.00 zones.

The supply above seems like a great continuation level of sell position,

If the price will reach back that supply I'll sell there, my target will be 1270.00 zones.

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