XAUUSD Setting the Stage for a $100 Move?

From dailypriceaction.com

I’ve been bullish on XAUUSD since April. The way gold rebounded following the March selloff was no doubt impressive. It also hinted at a bullish continuation, which hasn’t disappointed yet. First, we had the break above 1680 on April 13th. That breakout exposed the 1750 resistance area. After several weeks of consolidation, XAUUSD closed above 1750 on June 22nd, which opened the door to 1800. The 1800 level broke down on July 8th. That brings us to this week’s price action. As you can see, XAUUSD has been hovering just above 1800 all week. To be more precise, the level in question is 1795, which is the same ... (full story)