FUNTRADER-Vera

1609 P2/8 GOLD is getting support from 1480 and up for 1550

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD is getting support from the channel' support line .
Of course, the black swan for last weekend help a lot on this.
Gold could be rejected again from 1550.
But it could make a new high inside the channel if the 1550 resistance zone was broken.
Our last signal on GOLD is now still valid and running profit.
GOOD LUCK!!!

LESS IS MORE!
Comment:
Our last idea on gold is supporting the same idea that gold would not just drop so easy.

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