GOLDUSD in bearish trend

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD will likely continue the bearish trend as it is respecting the trendline.
maybe on lower timeframe, it could be bullish for some time but in daily timeframe , it is likely to continue its bearish trend until and unless it breaks trendline and R2 resistance.

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.