offgridtraders

XAUUSD, Downtrend forming on H1: Sell

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As a look ahead for the new trading week... i see XAUUSD continuing the downtrend...

XAUUSD bounce on resistance and repeated the Trendline on the 4H and created a low and now is looking to create a lower high before continuing the downtrend possible first targets on support and the next target on 1265.89

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