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FTUKcom

GOLD Downside targets are set...

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
FTUKcom  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Fibonacci Gold XAUUSD short Bearish Patterns pips trading profits
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trendanalysis supportandresistance fibonacci gold xauusd short bearish pips trading profits
$1,800 followed by $1,750 are the respected downside targets for XAU/USD. Looking at the data for the rest of the week it is possible to start seeing the precious metal fall over with momentum heading into next week.

We will stay updated on this instrument with our short bias and see if we get further downside movement in this scenario.
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