ForexTrendline

A possible drop on GOLD

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
On Friday GOLD didn't manage to break above 1830 and it then made another drop.
Now, we need to see the next breakout. If we see a close below the previous low, then we could expect a continuation down.

That's why we're monitoring the 1811 level and we're not entering any trades before that.
Best entry opportunities would be after break and retest.

Follow our daily analysis to see the development on this instrument!
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