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Trader-VincentH

XAUUSD: Downside Prevails

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Trader-VincentH Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
Gold is under pressure and struggling around 1280, with increasing risk of further movement.

Watch 1260 if price breaks 1280, then target to 1250 and 1237. May complete the movement in around 2-3 weeks or so.
Comment:
snapshot

Retest and further drop
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