wahidwakil

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OANDA:XAUUSD   Ouro/Dólar Americano
The price perfectly fulfills my last idea. It bounced off the resistance zone. The gold is bascally moving sideways. The price made a double test of the resistance zone, then broke and was fixed below the range zone as well. I think the market is building liquidity near the upward trendline. And the breakout of it may lead to another impulse to move downward. The price already grabbed liquidity by making a fake breakout of the resistance. I expect a breakout of the trendline and a test of the support. My target is around 2016

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