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Trader-VincentH
Oct 18, 2017 10:45 AM

XAUUSD: Downside Prevails Short

FX:XAUUSD1D
Gold/U.S. DollarFXCM

Description

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Gold is under pressure and struggling around 1280, with increasing risk of further movement.

Watch 1260 if price breaks 1280, then target to 1250 and 1237. May complete the movement in around 2-3 weeks or so.

Comment

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Retest and further drop
Trend AnalysisHarmonic Patterns
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