XAUUSD DAILY ANALYSIS
Last week was very tricky, gold went back and forth to finally jump to 2040.
I'm still expecting a huge drop so I will stick with my previous analysis.
Considering the graph is descending in zigzag, we possible reach 2050 before the drop.
Remember next week is the las week of the month, right now the monthly candle looks like a Doji so that makes me think the price should go down this week to change that Doji for a more solid downtrend candle.
Let's see what happen, wish you the best!
I'm still expecting a huge drop so I will stick with my previous analysis.
Considering the graph is descending in zigzag, we possible reach 2050 before the drop.
Remember next week is the las week of the month, right now the monthly candle looks like a Doji so that makes me think the price should go down this week to change that Doji for a more solid downtrend candle.
Let's see what happen, wish you the best!
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