IranianGoldTrader

IranianGoldTrader

Now Gold is located at a powerful support area around 1820-1830 which couldn't break it yet. But in the following of my two previous analyzes on XAUUSD, I expect XAUUSD goes bearish to the next support area around 1780.

IranianGoldTrader

As I predicted in my previous analysis (idea) xau/usd went down exactly to determined target area (183-1825). Now Xau/usd had a pullback to the broken dynamic support (shown with blue line on the chart). I expect Xauusd goes down to 1830-1825 support area another time after completment of pullback. If it could break this support area , it goes down more to 1780...

IranianGoldTrader

XAU/USD went up during a bullish flag, There is a strong resistance at 1865-1870, so it goes down from this area to 1825-1830 levels, It can goes down more to 1780 if it could break this support.