XAUUSD : North Korea push it through the resistance line
Chart pattern was bearish before the push. The resistance line should have hold for this year.
Weekly there is a sharp pull back going down on the "now" support trend line and the strong support at 1200. That s an area of interest.
daily, we went past 1291 recent support line and it hold now as a resiatance. We surely are going to retest it next week, and price should fall to 1200 to retest the big 1200 support and the trend line. That will be decisive moment, as i think that 1000$ is calling every short gold trader.
Weekly there is a sharp pull back going down on the "now" support trend line and the strong support at 1200. That s an area of interest.
daily, we went past 1291 recent support line and it hold now as a resiatance. We surely are going to retest it next week, and price should fall to 1200 to retest the big 1200 support and the trend line. That will be decisive moment, as i think that 1000$ is calling every short gold trader.
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