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DeGRAM | GOLD broke and closed below the consolidation

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DeGRAM  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Support and Resistance goldanalysis goldsignals
16
5
trendanalysis chartpattern supportandresistance goldanalysis goldsignals
GOLD broke and closed below the consolidation zone following the drop from the resistance.

Price is moving down following the coiling up before the new expansion. 

We anticipate a trend continuation trade that could potentially retest the psychological level of 2000.


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