May 2018 $XAUUSD Monthly Chart

This is the monthly chart for GOLD. We are on the journey to IMPULSE WAVE 3. Target range between 1588 to 1655.

Price is at monthly trend line support area. If it bounce this, it will have to break thru the monthly resistance area between 1350 to 1370. If it breaks higher, we are on the way to 1400

Happy Trading :)
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Supplied information is not advice.

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We are still in PLAY. The Weekly chart is still holding the support and we are heading for a uptrend in the long term.