Forex_Times

đź’ˇ Gold: will the trend decline continue?

Short
OANDA:XAUUSD   Or / Dollar AmĂ©ricain
đź“Ś Should a successful test of the limit seller (1775.37), which is reinforced by the close of the week balance (1775.00), expect a decline to close the day to the limit buyer (1761.27).
đź“ť In case of breakdown and fixation below limit buyer (1761.27) we expect continuation of medium-term impulse to hedge support zone (1751.31).
In case of break and fixation above the limit seller (1775.37), the final medium-term upside target for the current week will be the market maker's loss level (1808.08).
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