SalemSignals

GOLD XAUUSD Weekly chart

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Whoever believes in analyzing the price movement will see that gold closed the weekly candle below the strong support line 1680, this is a clear indication that there is a great opportunity for a quick drop without support areas unless it is a false break, so let’s wait this week and see if gold is really heading to the lower areas or not.
In all cases, you must set a stop loss at 1700 if you are using a large leverage

Please review the previous analysis of gold

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