globalfx200

Gold in daily support zone

OANDA:XAUUSD   Guld / USA-dollar
Its highly possible for gold to pullback up and break the resistance levels throw 1930.00 again because the level we can see in the picture is a daily strong level which has hit the trend line as well which if we use support level and trend line and Fibonacci -0.618 level as confirmation (its up to your strategy) we can clearly see the we will have a good Long opportunity and at the same time its possible to go down but due to strong support level that we have in this point , in my point of view at leat we will experience a good pull back thru 1760.00 price.
hope u guys enjoyed. XAUUSD
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