ForexAnalysisTeam

Xauusd/Gold Bearish Forcast

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OANDA:XAUUSD   Ouro/Dólar Americano


Xauusd (Gold) Bearish Prediction Analysis Structure:- Harmonic + RSI + Breakout

1. Possibility first time gold price hit 1792/1804 level.
2. Ñext this to price go down to 1740 nearly.
3. 1792 & 1804 this to level broken the trade line so possibility here to again back 1740 nearly level.
4. Second rad harmonic pattern here bullish harmonic (deep crap). This pattern buy level 1740
5. If check the chart so below you can RSI here we drawing prediction downward & here bottom box means bounce level in buy side.
6. But remember, two extra support (1760/1750) level we drawing here, because here to possible also bullish, so be alert.

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By FX Analysis Team

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