Dewaldnel11

XAUUSD/GOLD - Targeting $1700

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
If we look at XAUUD/ GOLD on a structural level, we have 2 untested HTF supply zones.

Ideally, we would see it come back up to the 1720 region for a retest of those zones, and then continue with the structure down to retest the 1700 zones.

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.