XAU/USD: Short then long
Currently @ $1866
We expect gold to be short term bearish then long.
A possible retracement back to support/resistance @ $1845
before gold turns bullish again
Note. Gold has to break below $1863 to be bearish & also treat $1845 as support for it to turn bullish
our target is $1850
Here is our chart on gold on the 1D chart
We expect gold to be short term bearish then long.
A possible retracement back to support/resistance @ $1845
before gold turns bullish again
Note. Gold has to break below $1863 to be bearish & also treat $1845 as support for it to turn bullish
our target is $1850
Here is our chart on gold on the 1D chart
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