OANDA:XAUUSD in our last analysis on gold we had anticipated price to drop from 2065-70 region and price have rejected and from next week we can see a significant drop in price as we will having NFP next week. DXY can rebound strongly and remain bullish throughout the month of January.
You are a good trader, a lot of traders are very bullish on GOLD and i have been wondering why fr. Daily candle broke a support and i expect it to touch the bottom of the range, unless its a fakeout which i doubt. I'm so happy i understand things like this now
boricuandragon
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Long wick on the weekly. I believe there's a possibility of price moving up again at least to $2084 before starting the move to the downside.
Leo-btm
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nice analysis
LegionQ8
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A doesn't agree with you. Gold can decline, yeah, but will decline to 2040 - 2035$$ and then it can start to rise