OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, what are your thoughts on GOLD? This week, gold has not experienced significant fluctuations and has mainly revolved around the $2025 price level. However, at the current time, gold has completely broken the support levels of $2021 and $2022, as clearly indicated on the chart. Currently, on the price chart, it is hovering around $2021 and marking a decrease of 0.12% for the day. In this regard, with the DOW pattern, I expect it to increase at least to the Fibonacci level of 0.618 and then anticipate a drop to a designated level. Finally, I wish you all profitable trading.
Trade active
Comment:

Join my free signals group 🚀:
t.me/+16ffd-vaSQI5ZmFl
High quality signal 📈
Let's make profits together 💰
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.