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XAU GOLD

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
PUMPmaps  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis Fundamental Analysis
3
0
chartpattern trendanalysis fundamental
The price is approaching a strong support zone at the weekly 50 EMA. It could bounce up from this support level and break the descending trendline. However, if the 50 EMA is breached, the price may drop towards the weekly 100 MAs, forming a descending channel.
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