On my Monday's
XAUUSD
analysis I wrote than there is a high chance of a change of trend in Gold's price and this remain the case.
After breaking under the ascending trend line and the important 2k figure, Gold has made a local low at 1973 and, in my opinion, more loses will come.
Yesterday's spike up at 1996 offers resistance and rallies to that zone should be sold
The target is 1940 zone resistance and negation comes with a daily close above 2010-2015 zone
XAUUSD
analysis I wrote than there is a high chance of a change of trend in Gold's price and this remain the case. After breaking under the ascending trend line and the important 2k figure, Gold has made a local low at 1973 and, in my opinion, more loses will come.
Yesterday's spike up at 1996 offers resistance and rallies to that zone should be sold
The target is 1940 zone resistance and negation comes with a daily close above 2010-2015 zone
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