XAUUSD outlook
On our previous post we noted that if we break below 1780 the bullish outlook will be negated. Gold has now broken below 1780 and has tested 1750 zone.
We can now expect some retracement to 1770 - 1780 zone before continuation of the down trend.
1723 & 1680 are targets below.
We can now expect some retracement to 1770 - 1780 zone before continuation of the down trend.
1723 & 1680 are targets below.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.