possible to decline and head below 1932
#XAUUSD have cross double formation wave not pattern because the low trend didn't break the moving average and it's declining on double circle to form Bull, the USD is making strong effort to hold on second trend to become more strong until the third trend can have more space to push it back. possible gold will make a retest back to 1932 limit because the pair needs to make more retest for the USD to become weak but if possible it hit the 1963 limit then it's likely to continue it bearish movement below 1932 coming week.
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.
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.