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.

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


I like your idea!
Nice chart buddy
4H bajista(short) 1764-1751
1h bajista (short) 1761-1755
Looks good. All depends how gold reacts tomorrow
I do see a potential to reverse around that area but first wait and see how the price develop
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