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Profound_Ambition

XAUUSD (GOLD)

Gold Spot / U.S. Dollar (FX:XAUUSD)  
Profound_Ambition Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines XAUUSD Gold DJ FXCM Index Supply Zone Parallel Channel bounce break reversal
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trendanalysis supportandresistance trendline xauusd gold usdollar supplyzone parallelchannel bounce break reversal
Watch for a break of channel bottom for long term potential shorts! or a bounce up towards monthly resistance. Price is at a decision point right now & will have to choose a direction soon
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price broke below its very strong channel, we should see a very big drop for gold ahead of us
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looking for a Clean break of the 61.8 fib to go short for a big drop!
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In route
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100 pips on Gold already, price is now finding an area of support, watching for a break & close below for re entry
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