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XAUUSD: What is the future of the Gold| $3000 or $2300?Dear Traders, OANDA:XAUUSD recently price reached to record high after hitting at $2484 and rejected there. After looking at the chart closely, we can see price rejecting at three point rejection buy side trendline. Where price previously dropped heavily after rejection at the point. Currently we have two options, firstly price might continue heading towards $3000 as we had described in our previous chart or it might drop to $2350 or lowest $2300. Please use this analysis as educational purposes, unlike our other analysis. Good Luck.
OANDA:XAUUSD
by Setupsfx_
13
XAUUSD: 2300+ PIPS Trade Idea in Making! Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be expected. So good luck and trade safe. **if you like our ideas then please do like,comment and follow for more.**
OANDA:XAUUSDLong
by Setupsfx_
26
#XAUUSD: As we planned, everything is moving as expectedDear Traders, As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold. However, we remain firm with our positions. **If you like our work please like and comment, follow for more such educational content**
OANDA:XAUUSDLong
by Setupsfx_
4