FX:XAUUSD   Gold Spot / U.S. Dollar
Greetings Traders this is my analysis for XAUUSD .

From the last chart that had a solid growth we can see that the price is managing itself for a future downtrend.

We can open a position for a Short trend for XAUUSD it has such a price behavior can be a shown as a good potential after the growth that i have predicted on my last chart to the downtrend.

I think the price will start to drop to key 1690 level it might reach our potential target.

Traders make your own analysis before trading.

Please leave a Like,Comment and Follow!

Thank you!
Comment:
My previous Long chart witch was a Uptrend Movement

Comments

I like your idea!
Reply
Nice chart buddy
Reply
4H bajista(short) 1764-1751
1h bajista (short) 1761-1755
Reply
Looks good. All depends how gold reacts tomorrow
Reply
I do see a potential to reverse around that area but first wait and see how the price develop
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out