FinancialGamblR

Watching Gold's Hold Below 1,805.85

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Over on the daily level, gold touched the 1,805.85 level. This level is the previous downside breakout. Actively monitoring this security as I think there's downside potential if price fails to breach above this daily level.

There's also confluence with the hourly timeframe. Will be posting an H1 chart below.
Comment:
Here is a look over on the 1-hour timeframe:


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