Here is my DAILY XAU/USD (GOLD) chart...
After my target being hit last week for 350/400 pips on my sell analysis I think we are approaching a support zone..
Support is in around $1590.So i have drawn in the FIB tool from last years highs..
As you can see the non-lag Stochastic is showing potential divergence. I think we can see some buying from these levels upto $1650/70 zones again...
I wont be trading this week, hope everyone has a good one..