Mihai_Iacob

Gold- Down continuation to support

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my previous Gold analysis, I said that the price could drop following the break under rising wedge support. Indeed, XauUsd has dropped breaking also under 1785 horizontal support and at the time of writing is trading at 1762.
My bearish outlook remains unchanged and rallies towards 1785 now resistance should be sold.
My target remains the 1740 zone.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

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.