Rideway_Fx

XAUUSD Forecast

Short
Rideway_Fx Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices suddenly slid sharply in the past session, breaking through the important 1900 resistance level, creating a new low since March this year and confirming the continuation of the long-term downtrend. The bearish momentum is very strong, it is likely that the price will continue to go down after this price action, the short term target will be around 1860, you can return to short positions, ideally after the moves slight adjustment to the 1885 and 1900 areas.
Comment:
XAUUSD BUY 1874 - 1872

TP: 1885

SL: 1870
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