Gold Potential downsides

JoeChampion Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey Traders, in today's trading session we are monitoring GOLD for a selling opportunity around 2050 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2050 support and resistance area.
Trade safe, Joe.

Decent technical squeeze approaching the trend now
Almost there, will see where we will arrive next week!

i see a potential reversal earlier from the smaller timeframes at 2034 area
Trade active

Join our telegram Channel for daily market updates

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.