Harvey_Dixon2021

XAUUSD- Which is the reversal point of this downtrend?

Short
Harvey_Dixon2021 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
A clear appearance of a downtrend is pushing the price down. lots of Lower High and Lower Low indicates of continuing the trend till an strong support comes out.
Comment:
It seems Gold has already respected the barrier of the ongoing downtrend. Have taken a good Sell volume from 1841-43. Next short can be taken till 1820.
Comment:
Price can be reversed from 1785.
next target 1790.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.