HOOPFOOD

1716 may be Bulls last hope

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
If Bulls can't find support at 1716, we may see lows of 1600.

I think there's a solid chance we bounce at 1716 but the moving averages and fibs tell a story of a sinking ship..

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.