As you on monthly chart XAU USD, prepare to fly........
Suggest XAU USD : Limited Sell level 1230 SL: 1235 – 50 pips – 500 points. TP: 1212 – 150 pips – 1500 points. Suggest XAU USD : Buy level 1234 SL : 1229 – 50 pips – 500 points. TP : 1244 – 100 pips – 1000 points.
Suggestion Gold : Sell in the 1197 area S L: 1202 - 50 pips - 500 points. T P 1: 1187 - 100 pips - 1000 points. T P 2: 1182 - 150 pips - 1500 points.
XAU USD still bearish continue situation and inside downtrend channel ....
We could see gold changing trend and going back down where it was for a few weeks ago. I'm currently short and first target is to begin with 1325 but definitely expecting price to go much lower.