theforexhighway

XAUUSD Bear Direction and Sell Scenario

Short
theforexhighway Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Gold broke a major swing downward and created a low at ca. 1753 before retracing to QM level. We had a decent reaction at the QM level, and we should get ready for a sell.

The best scenario for me is a retrace to ca. 1809 for a sell. Targets are 1760 and 1739.

Please note this is not financial advice. This is only for educational and entertainment purposes.
Comment:
Going exactly as predicted!

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