SonicDeejay

Gold XAU/USD Daily Update (21 Aug)

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
I am Slightly Bearish. If 2 weeks bars are compared, last week bar has slight higher High and higher low than last 2 week bar. Nonetheless, the price shall go o 1329 regions easily in next week for possible bounce.


Gold is overall bullish in long term. $1329 will be first support if the price fall further and $1319 region will be the ultimate support.


Trade Safe
S0nic

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