Gold Spot / U.S. Dollar
Short

GOLD STRONG SELL

402
Hey everyone, this is my idea of the XAUUSD for the following weeks into early 2022. After the strong bump up today, it will strongly bounce back from the EMA200 level to at least strong support at 1725, bouncing back to the trendline towards the next stronger support at 1675.

1st possible TP1: 1725 (early November 2021)
2nd possible TP2: 1675 (mid-January 2022)

Strong resistance at 1833, also SL just above it.

Let's see :)

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.