XAUUSD - 1750 TARGET REACHED!!

If you look back at our previous posts and charts you'll know that our target for the last few months has been 1750. We managed to trade this all the way down from the low 1900's and now we're closed for the month.

The chart trend is broken, we're looking for this to settle now to see where we're going next. It seems gold is still not done with the move down, some of our analysis is showing a further drop coming over the next month or so.

We're going to look into the charts over the weekend and we'll decide what to do. Until then, no more trading for the month.

If you followed us and traded with us we thank you. See you next week for a fresh month.

Knights of Gold