abhivik

XAUUSD Weekly analysis 23 July onward

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
This week, if we get a pullback and retest of 1237.9 price zone, we can look for nice bearish formations happening at that price zone, and it seems like we indeed are getting a pullback.
If we see the formations of bearish patterns at the mentioned level then we may look at shorting opportunities with our first target set at 1213.06 price zone.
If the price is able to break our first target, we will consider our next target at 1205 price zone.
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