FriesianFX

XAUUSD Gold daily breakdown

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
overall compared to last friday not much has changed on the daily timeframe. We have a weak bullish candle print to close the week off, despite a pump from the news released on Friday price continued to make it's way down and overall the target remains the same as what we saw on the weekly, expecting a liquidity grab at 1870 before price bounces and moves back up. We are currently in the middle of the month so how this goes from here is anyones guess, but most likely we see 1903 at the very least.

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