Daniel.B

Levels for Gold *See Linked Weekly Chart*

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey traders,

Technical levels on chart.

Also, do note the broken ascending TL for this year and the wave down thus breaking 2016's uptrend. Also do note the descending TL resistance in place since July 2016.

Also, for a longer term perspective on the major resistance / support levels at play please see the linked chart.

Cheers. =)
Comment: Gold broke through support like butter.
Curious to see if it breaks the support 1199.53
Reply
Daniel.B Dinkan
@Dinkan, Indeed, my assumption is that it pulls back before testing that support level.
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