The XAU / USD forecast implies an attempt to test the support area near the level of 1740. Further, the continued growth of quotations with a target above the level of 1835. Cancellation of the option to raise GOLD prices will be the fall in the value of the asset in the markets and a breakdown of the level of 1715. This will indicate a breakdown of the support area and the cancellation of the model ... In this case, we should expect the GOLD price to continue to decline with a potential target below the level of 1685.
Have a nice trade!
Have a nice trade!