bandit1111

buy xau/usd tp at 1800 extended target 1810

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
last week was very important for gold as we came down to key area 1680 but price wasn't able to break through that support area . This week im expecting a retracement to the 1800 level for tp1 with an extended target at 1810 for tp2 . From there we will watch to see if we get a breakthrough for change of trend or if resistance will hold for a continuation down. I also beleive will get most of our upside push on wednesday with the federal funds rate news event.
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