FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect,
even though I had many objections and many messages of disapproval ... as I said GOLD went down even below the 1774 area and now it is at the Fibonacci level 0.5 from where I expect it to reject and rise again towards 1836 and from there DOWN AGAIN to level 618! I said .. GOLD rejected again from the Fibonacci 0.5 area and remained in the range specified by me last week!
this week I am preparing for BUY at the first closing even for 1 day over 1795 to 1836

THIS WEEEK...from my last analysis made on May 4 ... GOLD climbed and reached 1836 as I said from where he rejected and returned again in the Fibonacci area 0.5 from where ... UP AGAIN towards 1794 and even 1836!
however ... a closure even for 1 day under 1759 makes me think of SELL up to the Fibonacci 618 area!

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*This information is not a Financial Advice.
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Any possibility of gold going down for next 2-3 weeks?
BloomFX_SIGNALS manidaridada
@manidaridada, hello! in forex anything is possible… especially in august! :)