alanchin

Gold waiting for breaking 1950-1965.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Critical positions: 1950, 1965. It's only when 1950 breaks down, then bearish trend could continue further to 1925. But if 1965 breaks through, short-term bullish moves will be starting from 1952 to 1980. Let's see the resaults.

* 1st resistance: 1965. * 2nd resistance: 1980.
* 1st support: 1950-1953. 2nd support: 1925.
* critical position: 1950, 1965.
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