GOLDTREND-NET

GOLD - Above 1760 Leads To 1800

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GOLDTREND-NET 已更新   
FX_IDC:XAUUSD   黄金现货/美元
Gold seems like having a cup & handle pattern on 1-hour chart, in which the handle is forming at the moment.
If gold manages to go above 1760, gold may head to 1790-1800 level. Details on chart.

Bears definitely try to protect the resistance area 1750-1760 and do not want price above 1760. Meanwhile, bulls are trying to keep price near resistance and hopefully a breakout soon to come.
Bulls maybe able to strike through the resistance because the correction from 1757 seems quite shallow (1742). Yet bulls need minimum 2 daily sessions close above 1755-1760 to gain strength.

Watch today and tomorrow for hints of breaking out. Bears do not like price near 1760 by weekend.
交易手动结束:
1786 is good.

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