YaKa

Gold - Pressing against the ceiling

FX:XAUUSD   Gold Spot / U.S. Dollar

Just a map.

Upside pressure against 3 resistances (400w ema, trendline, Yearly Pivot).

Difficult to position either way.

If Gold closes above 1240 in weekly, it could be out of the woods.

If Gold does not manage to break higher after this test, it may be in for a proper dive.. 1000 being the next target and 820 the "max" target.


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