FX_Zone

Gold will go short on weekly!

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD made a valley of strong uptrend movement for the past days. However, this will stop its momentum around 1904.06 area of weekly resistance that is respected a couple of times on weekly. This will likely to happen again and move back to the new area of weekly support around 1829.37. Confirmation of price action is need for these entries and possible observation for change of trend. Tyor# Dyor#
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.