XAUUSD daily update

FX:XAUUSD   Gold Spot / U.S. Dollar
86 2
XAUUSD daily

Target area (a) is being reached, 1365-1392 , triangle
formation potentiality obstacle(abcde), needs to break through for continuation
into target (b) 1433. Support, holding the 5/6 uptrend_line, 1330 support and key 100 sma .

RSI is overbought somewhat short term.

Weekly Chart is bullish (channels) and RSI .

Related Ideas

Gold may be seeking its cycle low, next few days. Next turning point 18-21 July.
rv rv
strong rebound, support found on 50% retracement, 50 sma, med line, reverse Triangle. swing low.
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