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Bignose79

Gold will fall to 1770 levels???

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Bignose79 Pro Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Fundamental Analysis Gold NEWS
4
1
fundamental gold news
Gold is on small ascending channel while waiting todays news.

Expexting to drop till test 1770 levels but we will see what news are to enter in a sell position or not.



Comment:
All was done accordingly, news went with usd, it had to become strong and make gold fall... It did fall. When new dropped 90 pips but failed to leave ascending channell.... But did not fall as I expected...

This setup may be valid next week.
Comment:
Gold continue dropping after I closed my trade. Almsot hit my TP2. Guees didna newbee fail since closed my trade.

Next target, levels 1783/85. If we want to see gold dropping to lowers levels we need gold brake this support area.
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