XAUUSD - $1970 Now Heavy Resistance

Or / Dollar Américain (OANDA:XAUUSD)

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OANDA:XAUUSD Or / Dollar Américain

elliottwaves xauusd gold safehaven digitalsurf

Seemingly in a huge, extended diagonal wave, Gold's current price action has given me indication that it should face heavy resistance near the range of $1970 during next week's trading period. My expectation remains that Gold will descend below $1800 in the weeks/months ahead before finding support and reaching for a new ATH. This asset will continue to be monitored via the Digital Surf Trading Community.

Surf well.

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