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Theperfectionist

Overall view of XAUUSD or gold - Update of June 24th week

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Ouro/Dólar Americano (OANDA:XAUUSD)  
Theperfectionist  
OANDA:XAUUSD   Ouro/Dólar Americano
Trend Analysis Harmonic Patterns Chart Patterns Gold XAUUSD Metals preciousmetals commodity buy Bullish Patterns levels
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trendanalysis harmonicpatterns chartpattern gold xauusd metals preciousmetals commodity buy bullish levels
The commodity has been on a continuous bull since the beginning of June's month, leaving a huge 10,000 pips (10,000 USD per contract or 100.00 per unit) between the actual trading price and the support zone. Odds of a trend resumption decreased but are still high unless we trade below @1400.000.

Possible targets: @1460.000 (+60.00 per unit or 6,000pips) and @1500.000(+100.00 per unit or 10,000 pips).

Advice: Stay bullish and buy at any low point while we don't break down the 1400.000 bottom level.
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