Gold Spot / U.S. Dollar
Short

gold needs to make a retest above 1967 to form sell

71
#XAUUSD remember when I said gold is moving on bitcoin direction, you can confirm the two chart and see, now gold made a decline today and head below 1954 stop and head above the 1960 limit again, a price formation have been made there if we expect a rise on gold today above 1967 then possible gold will make bullish movement decline and head below the price formation on sell limit which is at 1956. the 1956 create a two second trend which is at 1949 a possible target on sell to create two pattern which can make gold to head down below more. But do not expect gold to create a long trend on bull.

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.