HELLO TRADERS
Before we talk about XAUUSD lets first take a look at gold spot XAU
XAU has been bearish for a while now and has been correcting higher
and we expect continuation lower on the retest of the support
(see chart below)
now back to XAUUSD
XAUUSD has been bearish for weeks now and bottomed out @ 1814
then corrected higher to the current price of 1830(as time of writing)
we expect a continuation lower to the psychological level of 1800
BREAK ABOVE 1840 WILL INVALIDATE THIS IDEA
GOOD LUCK
IF YOU FIND THIS IDEA VALUABLE BOOST IT TO REACH MORE TRADERS
Before we talk about XAUUSD lets first take a look at gold spot XAU
XAU has been bearish for a while now and has been correcting higher
and we expect continuation lower on the retest of the support
(see chart below)
XAUUSD has been bearish for weeks now and bottomed out @ 1814
then corrected higher to the current price of 1830(as time of writing)
we expect a continuation lower to the psychological level of 1800
BREAK ABOVE 1840 WILL INVALIDATE THIS IDEA
GOOD LUCK
IF YOU FIND THIS IDEA VALUABLE BOOST IT TO REACH MORE TRADERS
