Loii
Long

2 LONG SCENARIOS FOR GOLD!

FX:XAUUSD   Gold / U.S. Dollar
265 0 7
my trade plan for this week.

#1 hits around $1310 and then bounces back to the bottom of channel. if this plays out we can still see a bounce from the bottom of the channel

#2 test $1310, breaks and tops channel at $1325-1330 (I am favoring this as long as we break $1310 and rsi daily is above 70)
Comment: channel still valid
Comment: chanel invalid this can go as low as $1254-1250
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