UnknownUnicorn13086959

XAUUSD ANALISYS - (18/03/2021)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Same analysis as the previous one, but in this case, seeing the stochastic in an overbought range, I expect the price to fall a bit, before going higher, so I discard for the moment that the price starts a new upward momentum from the neckline of the shoulder-head-shoulder pattern.

Possible entry into longs the trendlien that acts as support, at the level of 1725 approx.

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