FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has been ranging in this channel for some time now. It finally got that push out of the channel, and now its in a pullback for a retest. A conservative entry would be above friday high, a more aggressive entry with a lower buy in price would be in the yellow zone for the fib levels 50=61.8. I'm going long up to 1760 and if we break and close above that, my longterm target will be 1800. Good luck this week!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.