GOLD - Big Move Pending...
Gold is trading at KEY AREAS.
It is currently in a key RESISTANCE box/level with an ascending trend line supporting the bottom of the candles, which helps to present LONG opportunities.
For LONG opportunities i'd like to see XAUUSD break the key RESISTANCE LEVEL, or bounce on the ascending trend line where it would then look to retest the resistance zone.
For SHORTS i'm looking to see a strong large VOLUME rejection off the RESISTANCE zone, then a BREAK OF TREND LINE.
It is currently in a key RESISTANCE box/level with an ascending trend line supporting the bottom of the candles, which helps to present LONG opportunities.
For LONG opportunities i'd like to see XAUUSD break the key RESISTANCE LEVEL, or bounce on the ascending trend line where it would then look to retest the resistance zone.
For SHORTS i'm looking to see a strong large VOLUME rejection off the RESISTANCE zone, then a BREAK OF TREND LINE.
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