Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level.
Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction.
As I said at previous idea Mar 22, 2021,
"Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level.
Break below 1660 would invalidate its bullish view."
Now, XAUUSD break below 1670 and 1660, invalidated its bullish view.
If XAUUSD Hold Below 1670 then its Bearish Continue To Target :
1637, 1534, and 1200.
Resistance at 1740.
Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction.
As I said at previous idea Mar 22, 2021,
Break below 1660 would invalidate its bullish view."
Now, XAUUSD break below 1670 and 1660, invalidated its bullish view.
If XAUUSD Hold Below 1670 then its Bearish Continue To Target :
1637, 1534, and 1200.
Resistance at 1740.