tradafx

Downtrend May Return to XAUUSD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
H2 time frame.
The uptrend has been broken, Key level at 1800-1810 has been broken after a strong downward move.
There is no confirmation of the downtrend at the moment, waiting for a retracement to confirm the trend.
We can look for sell signals in the 1810-1812 zone.
The downside price target is at support at 1775.
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