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doiner36

Gold still looking bearish

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
doiner36 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Technical Indicators
5
0
chartpattern indicator
Keep a lookout around 1934-1933 range. Gold may be looking to retrace up before continuing its bearish momentum. Breaking the trendline, we could be seeing it go all the way to 1917-1915 to fill up the gap.
Comment:
Keep a lookout at 1939-1940 range. If closes above 1940, we may see a retrace up to 1944.
Comment:
Price respected trendline. Broken below, we should be heading towards 1920's range. Keep a lookout for retracement to 1932-1934 before filling up orderblock at 1914-1917 range.
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