GOLD (XAUUSD) Important Breakout!

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis CFD futures Gold Silver Metals Commodities XAUUSD XAG USD ( Silver / US Dollar)

trendanalysis chartpattern waveanalysis cfd futures gold silver metals commodities xauusd xagusd

snapshot

Gold broke and closed below a support line of a rising parallel channel on hourly chart.

The breakout was initiated after the price reached a strong horizontal resistance.

Now I expect a bearish move.

Goals: 1792 / 1775

Comment:

Check my new idea on EURCAD:

EURCAD: Waiting For Important Decision

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