XAUUSD- APPEARS TO BE HOLDING FIRMLY BELOW 1300
THE LAST POINT FOR A POTENTIAL NEW WEEKLY LOWER HIGH.
IF 1300 IS BROKEN, A BULLISH REVERSAL CAN OCCUR. BUT NOT JUST YET.
A BREAK AND CLOSE BELOW 1200 ON A WEEKLY BASIS MAY TRIGGER A BEARISH DECLINE AND A POSSIBILITY FOR GOLD TO MAKE NEW LOWS BELOW AND BEYOND 1080.
TRADE SAFE!
THE LAST POINT FOR A POTENTIAL NEW WEEKLY LOWER HIGH.
IF 1300 IS BROKEN, A BULLISH REVERSAL CAN OCCUR. BUT NOT JUST YET.
A BREAK AND CLOSE BELOW 1200 ON A WEEKLY BASIS MAY TRIGGER A BEARISH DECLINE AND A POSSIBILITY FOR GOLD TO MAKE NEW LOWS BELOW AND BEYOND 1080.
TRADE SAFE!
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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.