XAU/USD Back To Where We Started

Gold had a crazy end day, the bullish trendline has been broken, and actually, if you follow in the chart the 8 EMA has been tested several times and couldn't be passed so that was a signal the sellers were powerful. Now we are back in the bearish channel and the buyers came in from the trend line and the bearish line acted as support. I expect the prices to move up at least to the second bearish trend line somewhere around 1880-1890 being our take profit.