Gold Spot (XAUUSD) Likely To Break Below Support... ($1690)

Gold Spot ( XAUUSD ) is now testing the ~$1850 support level ... This level is likely to fail.

Our focus goes to cryptocurrency, Bitcoin but mainly Altcoins...
We are seeing Gold , BTC , and the SPX moving in many similar ways.

Here XAUUSD is testing a support level that is likely to break.

On this correction/drop, we are likely to see $1690 as the final support level before more up...
We have chances of seeing higher prices right away but I don't think this is how things will go.

We will have a very nice/strong correction for a few months and then Gold , Cryptocurrency, Bitcoin , and the Altcoins will again move up strong.

Namaste.

Trade closed: target reached:

Sept. 23, 2020 | "On this correction/drop, we are likely to see $1690 as the final support level before more up..."

Gold bottoms at $1,676 March 2021 and starts a new bullish cycle.