FadeMeIfYouCan

08/02/2021 Important Inflection Point for Gold

OANDA:XAUUSD   Gold Spot / U.S. Dollar
We broke support on last Thurs, hitting extremes and rebounded on Friday. Now we are at the broken neckline.

Above 1807.142, bias is up. Follow the flow. But watch 1822.076-23.687 for possible rejection. If clear, then path of least resistance is clearly to the upside - 1830.343, 1845.324 and 1862.261. And we should trade higher in the coming days

Bellow support if 1807.142 break are 1798.738, 1792.057, 1784.231 and 1780.795


Comments

thank you sir. good to see you still in action!
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I am always around. Anyway I still dunno who you are
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