UnknownUnicorn15614419

GOLD: fall or correction?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price worked out the correction in the support zone 1711.66. It initially came to this zone after the growth from the support at 1689.45 (intersection of the trend line and the channel). From the upper border of the zone) 1749.57), the price corrected to the lower one (1711.66) and we can expect that it will continue to fall to the lower border of the downtrend 1682.65.
SL - 1762.68.

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