XAUUSD - Retracement

Can the yellow metal hit 1860?

After it surpassed 1850, It will probably test the 1860 (+/- $2) 1858-1862 level.
If it respects the W and D resistance trendline.
Then it's time to go short.

Watch out for the price action and news results today...
Some major impact news will be announced today (after 12 hours).

Again, continue to exercise money management. GOLD can wipe out an account in just seconds (when bank traders stepped on)
Beware with slippage...(its too dangerous)
Chart PatternsFundamental AnalysisTrend Analysis

Also on:

Disclaimer