TheTradingPulse

The Bears dominated in September. Where will October take us?

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OANDA:XAUUSD   Guld / USA-dollar
XAUUSD, Monthly. In September the bears managed to close the month strong with a break of a significant level 1670.88. It has also managed to print a wick with a range of 453 pips. If we the bears manage to fill up the wick of the September Monthly Candle, we could possibly see a try for 1572.45, which is the start of the bullish run in April 2020. We would like to see a healthy bullish retracement before the price continue to move down.
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