spencerjayy

XAU STILL BEARISH bounce coming soon

Short
spencerjayy Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
bears still have control short term while channeling down. will be expecting a bounce off this trend line to create a bigger move to start giving the bulls a chance to get back up to 2000

just be cautious on this channel trending down currently and do no sell at bottoms sell when price pulls back to top of channel or towards supply.
Comment:
Analysis on point pulled back into supply 4 hour supply for another big drop down to 1934 heading towards 1930/1928 support before we have another retracement to another newly developed supply above before continuing down to the major trend line
Comment:
ANALYSIS ON FIRE levels marked on chart hit to the tee support 1926 bounce perfect next week lets see what we have to show. should continue on my trajectory
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