ProTradingPoint

GOLD IS CONSOLIDATED - XAUUSD

TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD is struggling hard to break the support 1752. Based on my previous analysis it was going well on Friday 8th oct it showed rejection form 1780-85.

Now there are 2 possibility for you all to open sell order. When price strike to above resistance 1780-85 OR goes below 1750.

Still main trend is down so we are not going to place any buy order. Our target is 1723 and blow. Just keep focus.

Market will be volatile tomorrow as there a FOMO news.
We might see some movement by tomorrow.

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Commet down.