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Wednesday, May 05, 2021

XAUUSD Short Trend

XAUUSD Short Trend

Greetings Traders this is my analysis for XAUUSD .

From the last chart that had a solid growth we can see that the price is managing itself for a future downtrend.

I think the price will start to drop to key 1713 level it might reach our potential target.

Because we can see the resistance from August 2020 witch may indicate a further downtrend.

Traders make your own analysis before trading.

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from TradingView Ideas
via gqrds

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