ForexTrendline

Another rise on GOLD before the drop

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
If you sold yesterday below the 1775 level, then close your trade or at lease move your stops to breakeven.

Right now, we're expecting another move up to around 1780-90 and then a possible signal to enter short again.

The targets remain the same and once we see price at 1723, next levels will be 1700 and 1680!

In case of a drop below 1745 then we could see that quicker, but while price is trading above this level then that's the scenario that we're looking at!

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