Gold Downtrend on H1 Chart
I'm expecting XAUUSD to continue on a downtrend.
Analysis is based on data and trends from earlier this month when the price saw current levels.
Sell Entry: 1765.00
Targets: 1763.00 | 1757.00
Support: 1755.00
Trade safely, and don't forget to account for volatility today due to the release of FOMC minutes.
And be sure to like this post and let me know what you think in the comments below.
Analysis is based on data and trends from earlier this month when the price saw current levels.
Sell Entry: 1765.00
Targets: 1763.00 | 1757.00
Support: 1755.00
Trade safely, and don't forget to account for volatility today due to the release of FOMC minutes.
And be sure to like this post and let me know what you think in the comments below.
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