FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
We have seen Gold recently make great gains to the upside. Broke out of the first range and now seems to be in the second range. Right around the $1500. It has failed to break the $1510 resistant and pulled back each time.

If we get the break of $1510, our next target would be $1525.

If $1510 stands strong and we don't break to the upside, look for a pull back to the $1480 range.








Just ideas, trade at your own risk.

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