XAUUSD - Gold Update - Continuing as per target
As you can see from my post on April 14, we entered bear case, and I projected fall of gold after big drop from Friday from 2048 to 1992. After breaking important support trendline (Yellow), retest shows gold has stayed below it.
I expect gold to continue dropping to 1970s, 1950s to all the way down to 1894 over the next few weeks.
I expect gold to continue dropping to 1970s, 1950s to all the way down to 1894 over the next few weeks.
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.