ForexTrendline

Awaiting the next move on GOLD

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Nothing has changed with our analysis on GOLD.
We're expecting price up at 1800 and then a reversal.
We currently see not a lot of movement, however we all know that this can quickly change.
We can see a move of 50-100$ in a matter of a day.

As of right now everything is as expected and we're waiting for that rejection of the 1800 zone.

After a certain confirmation we will be making an entry with targets down at 1700.

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