XAUUSD D1 - Long Signal Pending

XAUUSD D1

Here we can see gold on the daily timeframe, an exciting week last week to say the last, with some big swings seen towards ATH’s and subsequent pullbacks and deeper corrections, testing that $2000/oz handle.

We bounced from $2000/oz to around $2008/oz, but this was merely, 0.6R. We are really looking for some defined daily support here on this key psychological price, before jumping in long positions.