Hello Guys, Last week we knew that the price of gold was closed by the bearish candle based on the daily timeframe, it is mean the seller was dominant because of the good news for USD in NFP data released and also related to the decision of the FED about increasing interest rate still has the impact for the strong of USD. Based on technical analytic I see that the price of gold will more down to the support at 1673.733 but before it start to go down it possible to retest the resistance.
Trade closed: target reached