DariusFxTrading

Gold (XAUUSD) long and short - Top Down Analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders

TP hit on the monthly target as I told you over and over on my analysis. Cheers to you all.

What can we expect now?
I do expect right now some pushes to the upside and afterwards a deeper Retracement. We can see the price moving to lower to the 0.5 Fib Level taken on the monthly timeframe.

But for now I want to see a push to the upside in order to make some retracement after this big impulsive to the downside.

What do you expect?

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