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Nilooofar93

XAUUSD Analysis: Is the GOLD price going to drop?

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Nilooofar93  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns XAUUSD goldtrading goldanalysis
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trendanalysis chartpattern xauusd goldtrading goldanalysis
The chart shows that the gold price is in a descending trend so it's possible to rise up to around $1813 in short time (resistance) , it'll drop to around $1755 in midterm. Be cautious about economic news because the gold price analysis will be affected by these factors.
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