xosignals

#XAUUSD#GOLD, The drops are on the way

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold in a mighty swing! It has been rising for over a year and a half and now the question is where will the gold go?
If you look at the Stochastic and RSI both of these indicators in Overbough and both indicate a trend change along the way.
You can see that we have a resistance line at the current price ($ 1720) to about $ 1830, so because it's not focused enough, it's impossible to base it on that.
The recommendation is to start a strategic sale carefully and leave ammunition to continue.
Target: $ 1675
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