Hello my friends, today I want to talk to you about XAUUSD.
I made a few conclusions about Gold.
Not time ago price made strong upward impulse and exited from flat.
Then Gold start to fall and broke old support line.
Also, price made retest of new resistance line and now continue to move down.
I expect that Gold can continue to fall and break support line.
That's why I set up my target at $1770 level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
I made a few conclusions about Gold.
Not time ago price made strong upward impulse and exited from flat.
Then Gold start to fall and broke old support line.
Also, price made retest of new resistance line and now continue to move down.
I expect that Gold can continue to fall and break support line.
That's why I set up my target at $1770 level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.