XAUUSD quick long scalp: Gold next resistance at $1422/23

Quick plot to map local Support Resistance zones.
I have been long from $1402 per my previous plot.
Now trailing a stop and looking for $1422.80 target.

1413.72 - 1414.08 key support for local uptrend.
1410.42 - 1411.31 should be strong fall back zone.
1402.xx remains critical support for overall trend.

Previous Gold Analysis (click):
$1402 long call
Uptrend Landmarks
$1386 bounce
$1400 bounce
$1439 top call
$1332 bounce
$1320 top Call
$1270 bounce
$1280 break
$1380 call <= 5 mos ago

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Yorum:

Here we are. Will it bounce?

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