TheTradersAvenue

GOLD > On-Demand Analysis for A Small Buy.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Analysis of #GOLD


I got many requests from members and followers to do analysis for gold, you can message me here your request too.

the XAUUSD tested its weekly support zone and showed a bullish reaction as expected, still, the move is not convincing a lot of buyers to get in and buy gold, and I am favoring selling strength in this market as I have a fundamental belief that gold should be lower than thee levels.

however, if the market retests the lows near 1680 we can look for a small buy entry at the lower time frame to retest 1700-1720, and not more than that



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