TiltonKy

Potential Bearish Opportunity XAUUSD

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
1
Bringing to TradingView my breakdown of the GoldenDollar. Observing that its been 54 days since that of the last structure high of 1218.41 Recent attempts to push past the price range, was not granted. The repercussion caused a 1.19% decline. The price range was not retested again in the last 32 hrs. Instead a bearish formation has begun with new structure lows. My prediction is continued structure lows. Until new support levels of 1187.63 1176.13 with likely retracing characteristics. I am figuring this formation to be a confirmation, of the End of its bullish momentum.

This is my Personal Prediction. This is not a signal. Trade with Caution. Thanks.

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