XAUUSD > Gold Might Continue Down to Test 1600

2022년 9월 19일

Analysis of #XAUUSD


The Gold has broken its long-term support level near 1680, now we can expect this level to be a strong resistance which the market is not going to be able to close above in the short term.

as you can see the market completed 3 waves down and is now in the process of completing the last wave which might be completed near 1600.00.

I am only looking to short this market or avoid it this week, as we are going to have FED rated decision


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