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VasilyTrader
Sep 20, 2020 8:48 AM

GOLD (XAUUSD): Weekly Update & Consolidation Short

Gold/U.S. DollarFXCM

Description



gold is still stuck in a correctional structure.
the price is weakening within a descending triangle formation and expansion is coming.

for now keep following the price within a triangle and consider intraday short and long opportunities within that.

it you want to make an accurate long term prediction, breakout will most likely clarify that.

good luck!
Comments
polvyjorvy
i think bears will take over gold
VasilyTrader
@polvyjorvy, thank you for comment!!!
VasilyTrader
what do you think will happen next week
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