Hello my friends, today I want to talk with you about XAU/USD.
Price is falling now to support area and I see two different moves in the nearest future.
I think that XAU can pull back and start growing.
If this will happen, price probably can back to resistance (1870.000).
But also Gold can broke support area and continue falling.
In that case, we will have good chance to sell after price will retest support area as a resistance.
XAU/USD can reach nearest support (1820.000).
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
Price is falling now to support area and I see two different moves in the nearest future.
I think that XAU can pull back and start growing.
If this will happen, price probably can back to resistance (1870.000).
But also Gold can broke support area and continue falling.
In that case, we will have good chance to sell after price will retest support area as a resistance.
XAU/USD can reach nearest support (1820.000).
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
