Gold Spot / U.S. Dollar
Short

xau/usd bearish continuation

297
last week price closed below the 1751.94 price level, signifying that sellers are very much in control. then at the market open price rallied down and broke the 1729.76 lvl. my opinion would be to wait for a retest at the London open on the 1729-1730 lvl. observe the rejections before joining the trend. my price speculation is that price will fall to 1690.93 on a long term and on a short term like today 1719.24

pls like and comment if you find this idea helpful

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.