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mightybullcapital

XAUUSD weekly chart analysis from 29 AUG to 2 SEP 2022

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
mightybullcapital  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Beyond Technical Analysis XAUUSD xauusdanalysis goldchart goldanalysis xauusdsignal goldsignals Gold xauusdweekly goldweeklyanalysis
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trendanalysis beyondta xauusd xauusdanalysis goldchart goldanalysis xauusdsignal goldsignals gold xauusdweekly goldweeklyanalysis
Gold seems to be moving in respect to a downtrendline & gold might continue to move down to retest 1680 key zone if it makes a breakout of 1711.34 or create new lower low if even closes below 1681.50.

However if it breaks out of 1808.34 with further bullish momentum then it would be making a breakout of the downtrendline & could shift to an uptrend from the downtrend.
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