bud162

Gold weekly levels buy and sell

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
4 hour chart with Fibs, you can see we are trading within a channel watch for breakouts , so this week i posted 4 hour charts so you can see where i get these levels from , for the coming week I think we will have an interesting Asian open tonight , I have a buy from 2322 from Friday lets see how that does. for this week ill look at entering a buy at 2326 expecting to get 2332, 2340 level, I have marked 2346 to 2352 as a level of high resistance if broken we will then come to another level of high resistance 2362.5 to 2365 , we have had multiple attempts to break this level but nothing yet , if broken would expect 2382 and then if 2388 breaks we are on the road to 2400 again , on the downside ill look at entering a sell at 2314 expecting 2308, 2302,2291,2284,2278,2260,2248, and finally if 2240 breaks we are in free fall, you can see the MACD trading with divergence and the Stochastic is over bought (edited)
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