OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price formed a divergence and double top at resistance 2000. I think the market will range as I forecasted in the my last weekly post. In my opinion gold might go down to test support from main resistance IF price makes remains below the psychological price point at 2000. I expect short term correction from the resistance zone between 1980 - 1985. My potential target is around the support level at 1952.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.