baigxy

Gold weekly correction

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello everyone, after gold reached all time high at 2149, the price began to pull back... currently the weekly candle is bearish. last week gold dropped rapidly (dropped down to 2017). Price may manipulate in smaller timeframe. if weekly candle closes bearish then most likely we can see more bearish move next week.. This month is critical for all trader as there is no confirmation on USD interest rate weather is dropping or not.. DXY reaming strong so far which could cause gold to drop...

good luck to everyone..
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