OANDA:XAUUSD   Gold Spot / U.S. Dollar
Weekly charts are very strong
on Daily charts multiple rejections at 2400 level followed by Bearish Engulf has cause weakness
Expected pattern tgt is 2257 though being short is risky as larger trend is bullish
Buy above 2352.64 for raiding bullish trend
lower term supports are 2222.915 and 2148.990

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.