Gold Spot / U.S. Dollar
Updated

XAUUSD - Long or bearish?

444
I am looking at two levels:

I set an alert at 2311.97 cross up bar close
I set another alert at 2293.80 cross down bar close

I will be looking at PA around these levels for bullish or bearish sentiment. Using my 3 step rule sheet I will see which qualifies for trade.

for now just observe and chart.
Trade active
snapshot

Target 2332
if bar close above potential target 2350-2356
Note
Took profit at around 2340 because XAUUSD expanded to much to the side hitting a lower point at the top of the channel. I am out of the markets entire on both gold and silver. Great week will not be taking any more trades until DXY is below 105.312.

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