FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect,

as I told you last weeks ... GOLD went down hard and reached the 1763 area from where he climbed the 1793 pass and right over my 1837 target!
in the next period I expect a retreat until the area 1823 or even a little lower and from there ... UP again until in the area 1914 or even above
...as I said GOLD started the retracement movement before the expected climb and I will continue to be in SELL until my 1823, where I will reanalyze the whole strategy!
THIS WEEEK...GOLD came down faster and more aggressively than I expected and now it's a very strong area from 1763 that I expect to try again!
as you can see ... GOLD is on an upward Fibonacci but has also made a strong downward trend line!
In the next period I will wait to see the GOLD movement ... a closure even for 1 day under 1763 or over 1832 will give the new gold trend for the end of the year

GREAT ATTENTION:
*This information is not a Financial Advice.

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