ForexTrendline

Is it possible to see GOLD under 1800?

Kort
FX_IDC:XAUUSD   Guld / USA-dollar
This is our last FREE analysis on GOLD - give it just one minute!

In April we saw repulsion from the area below 2000 and reaching the target of 1860!

Now what?

The downside move will continue and we're going to see breakout of previous bottom.
First target of the next drop is 1818 and then we're more likely to see levels below 1800.
But we're going to talk about these levels in upcoming analyzes.

The important things now are what to expect and how to take advantage?

Today we're looking for sells and watching for pullback before 1910.

The firs target is 1818, followed by 1762.

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