GOLD (XAUUSD): Weekly Update & Consolidation

snapshot

gold is still stuck in a correctional structure.
the price is weakening within a descending triangle formation and expansion is coming.

for now keep following the price within a triangle and consider intraday short and long opportunities within that.

it you want to make an accurate long term prediction, breakout will most likely clarify that.

good luck!
Chart PatternsCommoditiesfuturesGoldMetalsTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)Wave AnalysisXAUUSD

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