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xau
Gold Spot / U.S. Dollar
xau
By seriousChart4906
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Aug 5, 2021
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Aug 5, 2021
Considering that price can't gather enough strength to rise,
then we could see GOLD testing the 1805 level again before it begins the upside move.
Our idea is that if we get a re-test of that level and price leaves a wick there we could be looking for buy entries.
This could also be additional entry to an already existing position.
This setup is only valid while price is above 1795!
Trend Analysis
seriousChart4906
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