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W2WCM
Nov 29, 2020 9:52 AM

XAUUSD Bearish Trend Short

GoldOANDA

Description

Hi Traders,
Gold continues to decline along with the vaccine news.
It looks like 1.750 at the bottom point.
But we need to forget about the vaccine news that the market has been pricing positively for 2 - 3 weeks.
Gold can go up if this changes. Overall image will test $ 1.750.
Note : Also, the first days of the golden week may move with DXY.
Comments
TanCag
Great analysis. I am not hopeful about the vaccine news.
Astrazeneca fail, Biontech logistics is difficult.
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