Pashabxl

XAUUSD: Still on the path of 1180 and bellow

FX:XAUUSD   Gold Spot / U.S. Dollar
Dear Readers, there isn't much to add concerning GOLD.
The reversal is really confirmed. Now the question is how deep GOLD will go?
The answers are various. 1180 is almost for sure the first step. After a little upside correction, GOLD may vey well go towards 1160 1120 1080 and 1060. The tricky level is between 1060 and 1040. Further down, it is already 960I will make a clear long term chart later today for the big picture. But for sure, it is not time to go long with GOLD.
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