rervw001

XAUUSD - Daily View - SHORT

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price closed below the 1900 level, so I am expecting for price to continue moving to the downside, specifically the 1800 level. Gold could potentially have some unexpected movements due to the upcoming U.S. presidential election, however pure price action is not showing anything that could indicate a buy. Price has also shown us a clear bearish flag pattern on a higher time frame (daily).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.