GOLD bears still strong
XAU / USD
The price finally reached my major support Which I pointed before in my last idea , check here ⬇️
What Next ?
The bears are stronger than bulls
1- By chart : printed big double top pattern
2- By fundamental : dollar index keep going up and bring all other assets down !
If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$
Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again
What do you think about Gold in next weeks ?
Share with us in comment section below ⬇️
The price finally reached my major support Which I pointed before in my last idea , check here ⬇️
What Next ?
The bears are stronger than bulls
1- By chart : printed big double top pattern
2- By fundamental : dollar index keep going up and bring all other assets down !
If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$
Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again
What do you think about Gold in next weeks ?
Share with us in comment section below ⬇️
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