Darkslatetrader

Gold Daily Analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we can see cup n handle forming on the daily #XAUUSD chart. Looking for downside levels.
2nd confirmation is the perfect fibonacci retracement from 1980-85 levels https://www.tradingview.com/chart/ZotosItr/
Comment:
A short retracement to 1950's might be there and will continue the trend downwards.
Tgt 1870-1840 in the next 2-3 weels
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