FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
A possible scenario for gold
The possibility of starting a downward trend until the minimum level of 61.8 Fibonacci
The possibility of correcting the price up to the range of 1807-1803 and then increasing the price for the new ceiling
The possibility of the formation of a new price peak and then the beginning of a downward trend and the formation of a new bottom
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.