Do you think the price will drop to 1690? I think it is possible
Gold is currently sitting @ support levels on two different trend lines on the daily chart, as well as a down fib extension with a high % of trend reversal to the upside. If it bounces here I'll be looking for an entry on the re-test and confirmation.
i wishe you all you get you target and nice analys
I believe Gold will finally declare a direction in the coming days. If it holds the upward support and breaks out of the down channel, we could be headed for ATH's (as many have predicted) by late summer and into the fall. If not, I think it makes its way to 1760 until the next good buying opportunity.
Possible pullback and bounce to higher highs Trail your stop loss and let it ride
Don't risk what you cant afford to lose. I am loaded so I can afford to lose a heap of Dosh. Good Luck
Wassup Not much to say Wedging down Will see 2620 More downside possible next week A new low will send us into panic its lit its discount season out here happy trading darklord_ (Ballsack)
XAUUSD Possibly headed towards 1228.94 this coming week with resistance at 1258.66 then down towards support at 1236.49. If it breaks support @1236.49 it should head down to 1177.55, but if it doesn't, it should head back upwards to 1273.70 and beyond.
Price may reverse from trendline resistance. Disclaimer: Its only my view and trend report.Trade at your own risk