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XAUUSD Daily Diagram (01.07.2014) Tech Analysis Training

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
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3
So in this diagram you can see the triangle that Gold consolidates before the next very big movement.

For tech analysis please see the 4H link related ideas post.

In this "big" picture you can see that Gold is bullish (the chikoun span (purple line) has no resistance above it).

MACD is bullish and RSI reaches overbought levels. Long for 1360 , stop loss 1312.

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