itsmesandijs

XAUUSD IDEA - 1600 OR 2000? Discussion!!!

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
My take on the next few months or so, The 1800-1810 mark will decide whether gold will sky rocket for the bulls or get crushed by the bears, IMO i think gold will bounce at 1800ish up to 1900 fairly quickly if we see this we can expect it to soar through the sky to the 2000s, if gold drops below the 1800 mark i think there is a high chance it will drop hard; there still is potential to rise back up if it does not stay under 1800s for too long. But this is all just speculation so lets see what happens!!

Let me know if you've got any advice on my charting, or trends, because I'm very new, and just trying to interact more with the community to learn quicker. I'm up for critical criticism, fire away and roast me!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.