SalemSignals

GOLD XAUUSD

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OANDA:XAUUSD   Ouro/Dólar Americano
We are still in the process of falling, and it is likely for gold to fall to the range of 1800-1799, and this area is very strong, as the support here is on the weekly chart and the price average line 200. The bounce may not be fast, but the bounce is likely to reach the borders of 1820, and then the break will come due to the correction of the dollar after this big drop The target is the 1845 area - then 1875, and here comes the trend-setting area, either we return to the bullish trend, or we return to the downside

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