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XAUUSD: Continuing downtrend!

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Ouro/Dólar Americano (OANDA:XAUUSD)  
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OANDA:XAUUSD   Ouro/Dólar Americano
Trend Analysis Harmonic Patterns Beyond Technical Analysis XAUUSD xauusdshort xauusdlong xauusdanalysis goldlong goldtradingstrategy GC1! (Gold Futures) futurestrading goldtrend
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trendanalysis harmonicpatterns beyondta xauusd xauusdshort xauusdlong xauusdanalysis goldlong goldtradingstrategy gc1! futurestrading goldtrend
After opening the week lower, gold prices have stabilized above the key 200-day Simple Moving Average (SMA) slightly below $1,920. In case this support remains intact ahead of next week's highly anticipated August inflation data from the US, investors may hesitate to bet on further XAU/USD weakness.

Support levels: 1,907.30 1,893.90 1,884.70

Resistance levels: 1,921.80 1,933.30 1,944.85
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