Gold Spot / U.S. Dollar
Updated

Locked and Loaded: Gold Seems Primed to Explode

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While it's impossible to suggest that any specific significant news will come or to know what it is beforehand, regarding anything, ever, the XAUUSD chart looks like its on the verge of gaining verticality.

I've been looking for $2110 to land for a number of weeks now. I think price action will find a reason to skrrt skrrt in the next 72 hours.

Remember, news is late, fibs don't fib and we're better than yesterday.

Big ups to Bravetotrade for letting me loose.

Trade active
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Note
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Trade active
bulls have postponed the drop and look to test $2040s first. downside support level now adjusted to $2023 based on fib and form.

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