TengYuan

XAUUSD Weekly Technical Forecast

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has breakout the long term support line and is currently flirting with the line with resembling ending diagonal formation. Thus, I predict there's will be a very major bearish move going to happen for gold pair. Hence, it would be a great entry to start building your short position guys.

*** this is solely my own opinion, please don't take it as investment decision; the discretion is advisable thanks! ***
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