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Mihai_Iacob

Gold- Reversal underway?

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldanalysis XAUUSD xauusdlong xauusdanalysis xauusdupdates xauusdbuy
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trendanalysis chartpattern indicator gold goldtrading goldidea goldanalysis xauusd xauusdlong xauusdanalysis xauusdupdates xauusdbuy
Yesterday Gold dropped and visited 1760 support. A reversal followed from this point and the price is 1777 at the time of writing.
My bias for XauUsd is slightly bullish and for confirmation, I will need a daily close above 1780-1785 resistance.
On the other hand, a daily close under 1760 would be bearish and expose 1720 support
Comment:
Gold is becoming more and more bullish
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