BKAY23

GOLD UPDATE...Where to from here?

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Price has failed to print a third hammer at 1910 area and has forced us to consider a move lower to the 1825 area which we've previously highlighted. 1825 coincides with the broken trendline on the Weekly timeframe. The next signal to look for is a break below 1890. We can look for sells below this level all the way to 1825.
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