Greetings Traders this is my analysis for XAUUSD .
From the last chart that had a solid growth we can see that the price is managing itself for a future downtrend.
We can open a position for a Short trend for XAUUSD it has such a price behavior can be a shown as a good potential after the growth that i have predicted on my last chart to the downtrend.
I think the price will start to drop to key 1690 level it might reach our potential target.
Traders make your own analysis before trading.
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Thank you!
From the last chart that had a solid growth we can see that the price is managing itself for a future downtrend.
We can open a position for a Short trend for XAUUSD it has such a price behavior can be a shown as a good potential after the growth that i have predicted on my last chart to the downtrend.
I think the price will start to drop to key 1690 level it might reach our potential target.
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank you!
My previous Long chart witch was a Uptrend Movement