wildcreamlife

Gold trying to respect the trend, hang on a minute but which one

FX:XAUUSD   Guld / USA-dollar
Gold trying to respect the trend, hang on a minute, but which one? We have 2 key trends, one of them looks strong enough to hold it. However, the other one wasn't tested for a long period of time, so where is it really going? Here are the numbers:

26% chances to break 1275.
10% chances to reject at 1276.
10% chances to reject at 1261.
12% chances to break 1240.
42% chances to reject at 1240.
58% chances to reject at 1230.
42% chances to move above 1520.
83% chances to see the Gold above 1500 within 2 years.

Look at the numbers and patterns in them and take some actions. Be smart. Good Luck!

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