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Profound_Ambition

Xauusd Daily (Trading the bigger picture patterns)

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Profound_Ambition Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Supply and Demand XAUUSD Gold DJ FXCM Index range breakout swingtrade retest lowerlow
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trendanalysis supportandresistance supplyanddemand xauusd gold usdollar range breakout swingtrade retest lowerlow
Finally price breaks out of its consolidation range, & now we are likely to see some good movement on this pair. Watching for a retest to the broken range for entry. 1300 is an important area I will be keeping an eye on, & price should see a solid downtrend for a good portion of this year!
Comment:
Pin bar rejection to the 1310 area, where price failed to close above.
Comment:
Bye gold, price broke the range & retested 1325 as in the picture above. 1270 we are on the way
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