FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold approaching its reversal point. if price fails to take out 1808, expect the drop to 1750.

price currently below a daily resistance level if the bearish trend progression continues on the smaller time frame then it will drop downward as ,marked out on my chart.

1750 is a major price point of interest bcuz from the reaction of price at this point will determine if the bulls will continue or NOT
Comment:
Comment:
once 1778 breaks price might drop straight down without pulling up

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.