MMBTtrader

GOLD is ready to break trendline and fall hard .

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
lets take it easy AS we explained all things in previous analysis :

we are waiting for breaking this green trendline that is strong support and each time touched lead the price to pump

but that s enough for now and we may expect breaking this support zone soon and retest previous resistance like 1755 that is now strong support zone so we are looking for these kinds of target on Bearish scenario .

Notice: if and if price receive support once again not big deal again some more range or rise after fall that is expected and green path will continue .

Notice :if price fall hard and break support zone then red path is expected
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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