Trading1to100

GOLD 1237-1365/66 CONSOLIDATION OR BREAKDOWN!!!

FX:XAUUSD   Gold Spot / U.S. Dollar
CYPHER PATTERN WAS INVALIDATED FROM THE PREVIOUS POST AND MADE A DOUBLE TOP 1357-1375 PRICE RANGE.
CURRENTLY GOLD             IS IN CONSOLIDATION AND IT HAS FOUND SUPPORT BETWEEN 1330-1320 WHICH IS ALSO ANOTHER CYPHER COMPLETION ZONE.
BREACH BELOW 1320 AND CRUCIAL 1310-1305 HAS THE POTENTIAL TO TARGET 1300-1285 OR EVEN LOWER AT 1275-1250.
GOLD             COULD BE IN A POTENTIAL CONSOLIDATION BETWEEN 1300-1365, BREAKOUT ABOVE 1365:
UPSIDE RESISTANCE:
1375-1390/1400-1425 OR HIGHER
BREAKDOWN BELOW 1300:
DOWNSIDE SUPPORT:
1290-1280/1270-1250(POTENTIAL PRICE ZONE).
BREAK BELOW 1240-1230 THEN 1180-1120 (OPTIONAL BUT NOT ACTIVE AS YET)
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