Smalley_4

Smalley_4

Testing triple support! This may help confirm an uptrend if we bounce off of 12D & 200D SMA.

Smalley_4

This would be an objective area for aggressive momentum traders to go long

Smalley_4

An important area for Gold

Smalley_4

If we look at the most recent bull market, every time the RSI approaches 80+, we correct back to the 50 range. This is the bull market range I see us heading into for the next year.

Smalley_4

Overall I'm bullish on xauusd. If we break down, we hit 1750 and bounce potentially putting bullish divergence in on the daily chart. If we break up, we hit 1860 which would give me even more of a bullish sentiment.