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I have been looking at XAU. On the weekly, it is still in an uptrend,
with support at 68.5. On the daily, I see resistance around 79 in a
downtrend from June's high.
I would consider a short if it fell below 76.5, which is support on two
of my intraday charts.
Regards
DanG
"What is your take on XAU? wavewise...my GET program shows a w4 and my
thought is that it could began a retrace or w5 to low 60's. Thanks for
your
thoughts in advance."
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