GOLD (XAUUSD): Important Breakout & Continuation

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Ouro/Dólar Americano (FX:XAUUSD)

FX:XAUUSD Ouro/Dólar Americano

Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD Metals Commodities futures trading Technical Analysis

trendanalysis chartpattern waveanalysis gold xauusd metals commodities futures trading technicalanalysis

snapshot

Gold broke key level again.
And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.

With yesterday's daily candle close I expect a bearish continuation next week.

The area around 1750 will be the next goal for sellers based on price action in May/June.

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