XAU.USD near term Update: Start of Week: Bounce might be DONE

Quick post to highlight first possible resistance here.
1490/91 could be a "support turned resistance" zone.
Break above that zone could run to $1498.888 (awesome target for Asian market)

My apologies for the sloppy chart.
I had hoped to post earlier and cleaner.
I will post a better road map soon.

London Open is here and what happens at these zones could determine direction for the week.

Previous Gold Analysis (click):
$1600 then $2100?<= Still Plausible
$1480 short TP<= Hit and then some
$1515 top call<= Awesome Short
$1555 top call<= Just in Time
$1406 to $1525<= Called the Jump
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1270 bounce<= To the Penny
$1280 break
$1380 call <= 8 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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Komentar:

There was some news just now about US-China trade talks, with China stepping back a bit, so gold spiked up

Probably took some Stop Losses as well, from shorters. Lets see if this move gets any continuation.

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Komentar:

Just about Ping'ed that 1498.888

Let see if that tops it or we break on through....

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Komentar:

So that rejection from 1498 became serious

Looks like we might have one more small leg down, plotting now for a new Idea.

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