XAUUSD Forecast
Updated
Gold prices suddenly slid sharply in the past session, breaking through the important 1900 resistance level, creating a new low since March this year and confirming the continuation of the long-term downtrend. The bearish momentum is very strong, it is likely that the price will continue to go down after this price action, the short term target will be around 1860, you can return to short positions, ideally after the moves slight adjustment to the 1885 and 1900 areas.
Note
XAUUSD BUY 1874 - 1872 TP: 1885
SL: 1870
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